Senior Obama Official: "We Are Going To Kill The Dollar"Submitted by bobbyw24 on Tue, 01/29/2013 - 07:14
Kyle Bass, who knows a thing or two about economics and finance, recently spoke to a senior member of the Obama administration about their planned solutions for fixing the U.S. economy and trade deficit.
The answer shouldn’t surprise you.
When I asked a senior member of the Obama administration last week, ‘How are we going to grow exports if we won’t allow nominal wage deflation?’
He says, ‘we’re just going to kill the dollar.’