Summary: A Look At This Week’s Show: -Is Italy too big to bail out? “Nothing is too big to bail if you’re willing to live with the consequences of inflation.” -What if we have deflation? “Contrary to popular belief, 400 years of history shows us that gold does its best work during a deflation.” -Political crises quagmire: Employ the poor at lower wages? Tax the rich? Or, stealthily inflate the middle-class out of existence? What would YOU do?
