>
> (email exchange)
>
> On Thu, Oct 8, 2009 at 7:55 AM, wrote:
>
> Check Blanchflower comments … he’s pretty good on the deficit and QE as well.
>
Yes, refreshing!
Blanchflower Says Now Is Not the Time to Cut Government DeficitOct. 8 (Bloomberg) — Former Bank of England policy maker David Blanchflower said it was too soon to cut Britain’s deficit and its debt. “Clearly you need to control the debt, but now?,†he said in an interview with Bloomberg Television today. “I don’t really think so.â€
Blanchflower also said the aim of quantitative easing was to raise some asset prices and to restore confidence.
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