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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (613680)5/28/2011 10:25:58 PM
From: combjelly  Read Replies (1) | Respond to of 1576628
 
Bentway, those are mere facts. None of those guys have any use for reality, it contradicts the world they have created for themselves.



To: bentway who wrote (613680)5/30/2011 1:11:43 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 1576628
 
Paul Volker fixed the economy by raising rates, a Keynesian prescription!

No more of a monetarist prescription. The Keynesian derived idea was that we could trade off inflation for unemployment, and not just over the short run. That belief was widely held, Keynesian thought was beginning to dominate, until the stagflation of the 70s.


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