Friday, November 19, 2010

Paul Krugman Has a Tag Team Partner

Paul Krugman is not the only deflationist around.

Dean Baker, the co-director of the Center for Economic and Policy Research, says  "Inflation is falling, not rising, this is crazy."

These guys are so wrong. In six to twelve months when the inflation becomes obvious, let's see how they try and get out of the deflationist box that they have put themselves into.

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