Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I was convinced that Obama was going to absorb a little more of the Chicago University economics flavor and less of the retarded Krugmanite cult nonsense. Consider me duped.
Didn't work in Japan, and won't work here. It'll actually do worse here since Japan was a creditor nation with real demand for the Yen whereas we're a debtor nation.
I was convinced that Obama was going to absorb a little more of the Chicago University economics flavor and less of the retarded Krugmanite cult nonsense. Consider me duped.
Perhaps you can explain the Chicago school remedy for a credit trap in a deflationary spiral when the Fed has reduced the interest rate to near zero?
The scary thing is he is completly right. And I bet if you put this video in front of the president he would listen to it for about one minute and say "I am the president, I won, and I will do it my way".
To bad the job of president did not pay about $5,000,000.00 a year. We might be able to get someone that knows what they are doing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.