selling out. i wanted to point it out. the day the president is traveling talking about spending trillions of dollars and the impact that that can have on an economy and on the markets, our markets and the markets across the world, people who do business with the united states, when you put volatility in the water it is harder to swim especially if your goal is to swim upstream because that s what printing cash will make you do. we re going to keep our eyes on the dow right now and it is in very red territory. if and when that changes this hour we ll bring it to you either way. keep your eyes on fox news today. think positively. fox news senior political analyst brit hume taking on some of washington s solutions to the pandemic. it looks to me like we re freaking out again and making the same kinds of mistakes that we made the first and second and third time around. this has been the issue from the very beginning of the pandemic. that is that in our efforts to stamp it out, to stop i
Time has come : Uday Kotak suggests printing money to save economy
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ounce. the fed keeps ramping up or pumping out dollars to try to stimulate the economy. now, more people are saying stop printing all this free cash and backing it up with gold. those people include judge napolitano were. so, are we going to have the gold standard debate? are we going to have it now? you want the united states dollar backed by gold? in the yours it was backed by physical gold from 1787 to 1913, the purchasing value of the dollar increase by 18 percent, but since the printing cash and the removal of the gold standard, in 1913, with not technical until 1971, but it has come down for purchase power by 92 percent. it does not take an economist from harvard to figure it out. will the country have the
what did he say about janet yellen and the fed. was he before or agains for . he was against her. janet yellen had financed president obama s weak economic policies. financed his ability to spend a great deal of government money. that s what they didn t like about janet yellen. steve: those policies are no longer. no. they have turned around on those policies only just in time because they had to. essentially, the federal reserve had pumped money out there. steve: printing cash. they just $3 trillion of bond, interest rates way, way down, fueled a big wall street rally. that can t go on forever. and they signaled that that is about to change. brian: big question from my wife yesterday is i can t find spike ball. should i order it today because amazon has got there and i m glad spike ball makes no sense to me. steve: what is spike ball? ainsley: your wife likes spike ball. brian: evidently the kids do.