Tuesday, July 12, 2011

Russian Prime Minister Putin Characterizes US Monetary Policy as "Hooliganism"

Well, the news isn't just about allegations of cybercriminality at Rupert Murdoch's various media enterprises. Old reliable Vladimir Putin recently emerged from the shadows with some scathing comments about American economic policy.

According to a report in the Russian state news service Rianovosti, and noted in the financial blog Zero Hedge, the former KGB boss indicated disgust with the current situation. "'Thank God, or unfortunately, we do not print a reserve currency, but what are they doing,'" Putin sharply observed. "'They are behaving like hooligans, switching on the printing press and tossing them around the world...'"

The image shows a young woman wearing a "Putin shirt."

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