My WTF response is to the comment “Cash is available, and we should use that in larger amounts,”. What “Cash” is he talking about? We, as a nation, are broke, both in public and private sector. We are begging Abu Dhabi, Japan, China etc., for liquidity i.e. to forestall systemic insolvency. And this comment from a 17 year Chairman of Central Bank. Wasn’t AG also a admirer/grand devotee/sometime boyfriend of Ayn Rand – the godmother and high priestess of free market capitalism?
