[T]he call right now is not a close one. On the contrary, it is as close to a no-brainer as such decisions can be: Now is not the time to tighten credit and slow the economy.
Into my file for future reference this goes.
-RW
Tuesday, September 8, 2015
A Noble Prize Winning Economist Worse Than Paul Krugman
Joseph Stiglitz, a Nobel laureate in economics, writes at Project Syndicate:
Into my file for future reference this goes.
-RW
Into my file for future reference this goes.
-RW
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He is a great fan of Venezuela style stagflation
ReplyDeleteHe's not an economist. He's a criminal.
DeleteWithin the context of central banking, it isn't a good time to tighten. They'll call it a policy mistake--and it is. But the more fundamental policy mistake is central banking.
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