Wednesday, 18 October 2017

Absurd: Inflation was too low

Amusing - if it would not be sad - to read that 'prominent' 'star' economists like Barry Eichengreen  still regurgitate the fable of  'too low inflation'. So what is the right level of inflation for these confused thinkers? One shudders to think how many young students get indoctrinated by his kind.

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