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Economic Solution: Senior Obama Official: “We Are Going to Kill the Dollar”

January 29, 2013
M. Frank Drover
1/25/2013
Source …..

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.’

That worried me.

So, that the only answer.

It’s a dead answer.

But, that’s where we’re headed.

Video via Before It’s News:

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