The Fed's Monetization of the Deficit

The key thing is how much debt can this government keep putting out there with a sluggish economy, stagnant economy with European-style growth rates? We're going to have a crisis well before that if we continue on the current path. And I'm waiting for this debate next month with the Republican candidates and subsequent debates to see who's going to put on the table real Reagan-esque proposals of radical tax cuts," he says.