"If a country could just print as much money as it wanted, and at the same time, preserve the external purchasing power of its currency, clearly there would be no poverty in the world…we would have all done this," he said.
1. The US Fed has printed trillion more bucks like a gigantic milling machine for a decade, and yet it has been maintaining its strength; else it would have been heaps poorer than Mexico or Brazil or DPRK. So, why hasn't the USA or Obama's legacy collapsed?
2. Likewise, the EU has negative rates and more negative soon to be as said despite of it milling up to trillion EUR; yet its EUR is gaining strength. EU is not broken down yet in gargantuan style or about to be?
3. Japan has also been printing trillions of JPY in gargantuan heaps, but yet it is gaining strength, so what is being said about it?
Those mentioned are all the G7 gang members; what are YOU ? Talking down on those USD, EUR, JPY for ages and now targeting CNY, it is indeed fruitless, irrationally, isn't it Tiburon ? Just so nutty and cocky !