Thursday, March 21, 2013

Debt-Friendly Stimulus

NEW HAVEN – With much of the global economy apparently trapped in a long and painful austerity-induced slump, it is time to admit that the trap is entirely of our own making. We have constructed it from unfortunate habits of thought about how to handle spiraling public debt.

Read more 

1 comment:

  1. Inflation-adjusted asset price histories are VERY instructive
    But they are kept out of sight -- to fool the people!