Friday, November 15, 2013

Krugman is Right, The Fed Will Have to Deal with Deflation

(Via VolSinger)


  1. "It is very queer that the unhappiness of the world is so often brought about by small men. They are so much more energetic and uncompromising than the big fellows." -- Erich Maria Remarque

    1. I thinking of a different saying...of course I grew up on a farm. That shit always flows down hill.
      Ms. Yellen is about to step into the down hill flow

  2. All of them are midgets.

  3. What I am noticing about the above picture, is the aura of confidence of the first three, and the somewhat distressed look of the fourth. In high school debate, we learned not to assume the "fig leaf" position displayed by Yellen here. It is a sign of weakness and worry...Of course, if I were in her shoes, I would be worried too! She has to go out there and pretend that everything is fine, just fine and not totally out of control...a tall order (pardon the pun!).

  4. The smaller they are, the harder they inflate.