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Politics : Ask Michael Burke
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To: Freedom Fighter who wrote (77054)3/7/2000 11:02:00 PM
From: BGR  Read Replies (2) of 132070
 
Wayne,

Solow argued convincingly in his book Inflation, Unemployment and Monetary Policy that liquidity trap and pushing on a string are largely market myths. He, of course, is a world-renowned Economist (with a Nobel, too), so his ideas may not appeal to you.

Yes, the Japanese are not trying hard enough. They have been urged by many to let the printing presses run.

-BGR.
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