Revenge of Risk Off?

May 4, 2012

In respect for economic history and brilliant but long-dead monetary thinkers, some years back I assigned the “inflationist” label to the outspoken Keynesians.  Paul Krugman now calls his analytical/policy adversaries the “austerians,” an entertaining update to the wretched “liquidationists” and “Bubble poppers” from bygone eras.


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