Monday, February 20, 2012
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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
4 comments:
So since 1981, recessions have steadily been getting longer and deeper. What's up?
Self-induced paralysis?
Are you speaking of money growth figures?
Oh, knowing you, you are quite aware of the reference:
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&ved=0CDoQFjAD&url=http%3A%2F%2Fwww.princeton.edu%2F~pkrugman%2Fbernanke_paralysis.pdf&ei=od9CT_-kLOSU2AXMzt2XCA&usg=AFQjCNEttSxW3SPF-1dCn0inZsD-7DIirg
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