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02-12-2010, 11:01 PM #1
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Inflation Madness, Economically Illiterate Fools at the IMF
Friday, February 12, 2010
Inflation Targeting Madness and Economically Illiterate Fools at the IMF
You have to hand it to Keynesian fools, no matter how badly their ideas work out in practice, their theory is always the same, only more.
IMF chief economist Olivier Blanchard is the latest to prove he is an economically illiterate fool. Please consider IMF floats plan to raise inflation targets. http://www.ft.com/cms/s/0/f9f4067e-1758 ... ab49a.html
A staff paper co-authored by Olivier Blanchard, IMF chief economist, says the financial and economic crisis has “exposed flaws in the pre-crisis policy frameworkâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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