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A: Because our stupid fiscal and monetary policies have been so biased toward austerity coming out of a liquidity trap recession, there isn't enough inflation t
by kebernet 11y ago
A: Because our stupid fiscal and monetary policies have been so biased toward austerity coming out of a liquidity trap recession, there isn't enough inflation to force them to invest it or see it lose value.
WTF is the NYT doing even writing an article like this for anyway?