Friday, December 23, 2011

Philipp Bagus on moral hazard in Europe, inflation, and gold

http://www.youtube.com/v/hZXPBGFgN6c?version=3&f=user_uploads&app=youtube_gdata

Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. In this video Philipp Bagus, Assistant professor of Economics at Madrid's Universidad Rey Juan Carlos and author of The Tragedy of the Euro, talks about moral hazard in the eurozone, inflation, and gold. According to Bagus, central banks' fear of deflation will cause them to do everything to prevent it from happening -- including

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