Al Jazeera: 19th November 2008
On Wed. Riz Khan hosted a discussion on the financial crisis. I was surprised to disagree with economist and panelist James Galbraith over why it is that IOUs (or debt) issued by the Federal Reserve replaced gold as the world’s reserve asset. Watch the discussion on Al Jazeera’s site here.
Great and very informative debate.
Good to see a bit of TV where they didn’t have “balance” – ie one guy who got it wrong and
one guy who got it right. Instead – two guys (or gals) who got it right. Somehow, you’ve got something much more worthwhile to give – and there
wasn’t any of the usual obscufation and technical mumbling you get from people who got it all wrong.
Thanks for the link.
I was looking for something like this.