Reporter Shawn Tully from Fortune magazine had it right last Thursday when he said: Meltzer is right, and most of the experts -- from Paul Krugman to Ben Bernanke -- are wrong. The best stimulus is a solid, credible plan to radically reduce government spending, starting right now.
The title of the article is this: The best stimulus? Spend less, borrow less
The article ends with this: Right now, many investors and managers are simply terrified by the absence of a roadmap to avoid ruinous debt. Nobody needs to be terrified. After all, it is all about positioning. We can assist here at Lear Capital. I have always said that it is all about positioning. Position yourself well by calling us here at Lear Capital. Position well with physical gold. A nice stack of numismatic gold coins and numismatic silver, that is!