A potential cure for Wu Flu has been found:
Print more money.
According to Bank of America, “salvation” will come from “aggressive action”, and “there should be no upper bound for the size of stimulus.” In other words… We can get through this if we destroy the money supply, bail out the banks, and sacrifice the unborn on the altar of transgenerational debt.
Buy the derrrrrp! Crisis averted!
Most of Washington emphatically agrees. When your only tool is a money printer, every problem starts to look like a credit crunch.
We’re also going to be discussing the potential impact on the housing and labor markets, and what that might mean for Millennials and Zoomers.
This is EPISODE 393 of So to Speak w/ Jared Howe!