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Larry Kudlow Nails It Again On The Basic Problem With Reinhart And Rogoff

Joe WeisenthalApr 18, 2013, 19:18 IST

Larry Kudlow continues to nail it.

Growth solves debt, not the other way around.

Kudlow has been known for his more hawkish views, but of late he's been among the smartest writers on the matter of monetary policy and other economic matters.

You can argue about what mix of tax reform, spending, and regulatory reform is needed.

But the point that growth solves debt, not the other way around is crucial.