Sunday, July 8, 2012

Molly Ivins on Inflation, the Fed, and Full Employment

Enjoyed this post re inflation from the late, great Molly Ivins -- answers the question of why rich people dislike inflation and why the Fed leans more towards low interest rates than to slightly higher interest rates that might heat up the economy and create jobs:

Molly Ivins September 24 by Molly Ivins on - A Syndicate Of Talent

And words of tribute from a Paul Krugman blog post from 2007 -- still rings true today:

No comments:

Post a Comment