Misguided Monetary Mentalities

New York Times by Paul Krugman | Oct. 12, 2009 (Opinion)
The destructive power of bad ideas

One lesson from the Great Depression is that you should never underestimate the destructive power of bad ideas. And some of the bad ideas that helped cause the Depression have, alas, proved all too durable: in modified form, they continue to influence economic debate today. Full Story »

Posted by Dwight Rousu - via Opinion Source, New York Times (Most Emailed), New York Times (Opinion), AllTop

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Subjects: U.S., Business
Topics: U.S. Economy, Jobs, Finance
Member Tags: federal reserve system, united states economy, economic conditions and trends, recession and depression, interest rates, us dollar (currency), the fed, banking
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# Diggs: 8 (as of 2009-10-11)
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Posted by: Posted by Dwight Rousu - Oct 11, 2009 - 10:10 PM PDT
Reviewed by: Dwight Rousu (review), Tanya J. Maurer (review)
Content Type: Article
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Edited by: Dwight Rousu - Oct 13, 2009 - 3:38 PM PDT
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4.0
 by Dwight Rousu - Oct. 13, 2009

Krugman provides a reality check versus Fed doctrinaire ideas of the primacy of fighting inflation at all costs.

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3.6
 by Tanya J. Maurer - Oct. 15, 2009
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