Wednesday, November 5, 2008
Keynes on steroids. Yet more money printing for special interests.
“We will need a new international agreement. The financial system must have common sources, which implies a multiplicity of world financial centres and reserve currencies. We need to form a new risk-management system,which would be based on new techniques, not the principles that the Bretton Woods agreement was based on,” Medvedev said. (It won't solve diddly squat, and will serve to destroy the global economy)