Just Say No to Detroit

online.wsj.com

2 pointssarvesh3 comments

"We would do better to set this money on fire rather than using it to keep these dying firms on life support"

That is probably the best quote I've read in a very long time.

It's so true.

You better not be thinking of closing the money hole. People like throwing money into the hole. It's an American Tradition.

Yes, you would be doing better by torching the money. You'd restrain inflation slightly.