comprehensive jim sinclair interview, page-2

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    It is interesting to read his views on Ron Paul and the necessity of QE. Don't say I agree, just that it is interesting. He certainly doesn't seem to be an adherent of the Austrian school - he thinks if the US govt hadn't had such chronic deficits already it should have stimulated like under Roosevelt.

    I think he ignores the importance of capital formation as opposed to spending capital on consumption until there is no capital left.
 
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