Billionaire financier and important member ofthe Clinton Global Initiative, Frank Giustra, gave a stimulating interview to the Canadian press recently, which basically emphasizes his consistent opinion that the U.S. has chosen the path of debt and money printing as a method for the central bank to try and resolve the political logjam in Washington.
Willem Buiter, a former member ofthe bank's Monetary Policy Committee, reckons thelogjam in money markets is already raising mortgage costs and choking off corporate lending.