Scott Sumner Tries Not to Laugh at Those Silly Inflation Hawks
by admin on June 6, 2013
Back in the Great Depression the inflation hawks said two things; monetary stimulus would do nothing (it was just pushing on a string) and it would do too much, producing hyperinflation. Keynes is now viewed as a genius,Please check out our sister sites!
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Scott Sumner Tries Not to Laugh at Those Silly Inflation Hawks
by admin on June 6, 2013
Back in the Great Depression the inflation hawks said two things; monetary stimulus would do nothing (it was just pushing on a string) and it would do too much, producing hyperinflation. Keynes is now viewed as a genius,Please check out our sister sites!
Home pay
Buyer pay
Interest pay
Fee pay
New pay
Childbirth
Teacher State
Tagged as:
depression-the-inflation,
great depression,
hawks-said,
inflation,
monetary-stimulus,
now-viewed,
the-inflation,
too-much,
two-things
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