Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Mike M2 who wrote (4516)	5/4/2009 10:37:07 PM
From: patron_anejo_por_favor	6 Recommendations Read Replies (1) of 4904

For the record, professor Mankiw is strongly suggesting creating negative real interest rates through inflation and believes that Mr. Bernanke is the best man to do this job….. I should add that negative real interest rates post 2001 caused the current problems in the first place. My friend Heinz Blasnik thinks that Mankiw’s idea “is so hare-brained, I wonder if he needs a spell in a mental institution to recover his mind.” (Blasnik is kinder to Larry Summers who while asleep at important meetings “cannot do much harm.”) ROTFL, classic HB......

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