the global melodrama

Brad De Long delong at econ.Berkeley.EDU
Tue Aug 18 09:06:01 PDT 1998

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>>... So I'm wondering if the world's central bankers really *want* this
>deflation to run its course.<
>
>they did in 1930.
>

Stan Fischer is a lot smarter than Montagu Norman... but Lauch Faircloth is not.

Brad DeLong