Daily Archives: June 14, 2009 @ 7:34 pm (Sunday)

Twin deficit terrorists Ferguson and Buiter

[Skip to the end] This is the exact same line Niall Ferguson is spewing. He also says the two choices are inflating or defaulting. The inflation would be from too much aggregate demand and a too small output gap. That … Continue reading

Posted in Deficit, GDP, Government Spending, Inflation | Tagged , |