A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
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Nationality: American Type: Businessman Born: 1949 |
“As Members of Congress, we should not be using public office for private gain.”
“A mother's life, you see, is one long succession of dramas, now soft and tender, now terrible. Not an hour but has its joys and fears.”