[lbo-talk] interest rate policy

Doug Henwood dhenwood at panix.com
Sat Feb 25 17:02:45 PST 2012


On Feb 25, 2012, at 6:34 PM, nathan tankus wrote:


> i find myself supporting what Rochon terms the "kansas city rule"
> where the nominal interest rate is "parked" at zero. What do others
> think though?

What does that get you? Easy money isn't a solution to the problems of capitalism.

Doug



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