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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Dave who wrote (57276)4/2/2006 2:34:46 PM
From: Elroy Jetson  Read Replies (1) of 110194
 
Inflationist policies are what passes for wisdom in Keynesian economics and neo-Keynesian nonsense, like Monetarism.

Mail everyone a check for $10 million, and everyone becomes rich.

Its a very popular concept, for obvious reasons. Unfortunately it doesn't work.

At this late date these facts should be obvious to nearly everyone.

The definition of insanity is taking the same action again, but this time expecting different results.
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