Modern economies operate on fiat monetary systems with an accent on plural. Anyone who takes a look at policymaking decisions around the global economy will soon observe that there seems to be substantial differences in the ability of policymakers to determine macro policies… why? In this post I will seek to provide some answers.
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- @JasonAFleming You mean by writing things like this? http://t.co/ccs2Gxie38 #
- I'd like to hear Krugman and the other advocates of Japan's approach explain how this sort of volatility is good for economies.... #
- Tacked on another 1% loss there at the close just for good measure. Looks like over 1100 point decline on Nikkei. #
- @VictorCleaner Well, I'll gladly eat my words if Bass ends up being right, but nothing going on in Japan is consistent with a BOP crisis. #
- #povertyeffect #
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