Disagreeing with John Carney and Harvard economist Kenneth Rogoff, Joe Weisenthal doesn't think...

|By:, SA News Editor
Disagreeing with John Carney and Harvard economist Kenneth Rogoff, Joe Weisenthal doesn't think it's possible for the U.S. to inflate its way out of its huge private-sector debt burdens. As evidence, Weisenthal points to how QE2 only produced the type of inflation that makes debt repayment harder, with commodity prices surging and wages flatlining.