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View Diary: Despite his ruinous misjudgments, Larry Summers still thinks he's the smartest guy in the room (66 comments)

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  •  Well said. If the dollar weren't already done (2+ / 0-)
    Recommended by:
    Superskepticalman, terrybuck

    as a reserve currency for the world, appointing Summers would certainly do the trick.

    Whatever did Summers ever do that made this look like a good idea? Put another way: which financial megadisaster over the last decade did he not have a direct part in?

    The gospel of the dollar is losing believers fast. The dollar is, after all is said & done, a product for most people. If something else starts to work better to pay for things, God help us. Summers certainly won't.

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