Tag Archives: deflation

Thinking about the liquidity trap

Stumbleupon Review of : http://web.mit.edu/krugman/www/trioshrt.html THINKING ABOUT THE LIQUIDITY TRAP Paul Krugman December 1999 We live in the Age of the Central Banker – an era in which Greenspan, Duisenberg, and Hayami are household words, in which monetary policy is … Continue reading

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