To Solve Inflation, First Solve Deficits, This Theory Advises

[mahatmakanejeeves]

An economic theory gaining attention argues that monetary and fiscal policy are ultimately inextricable, our Capital Account columnist writes

wsj.com
To Solve Inflation, First Solve Deficits, This Theory Advises
An economic theory gaining attention among Republicans argues that monetary and fiscal policy are ultimately inextricable. If fiscal policy is

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[elleng]

1. Boloney/Bologna.

It's being caused now by greed uncontrolled by regulation.

Sounds pretty simple? Well, it is, it's human nature.

[Girard442]

2. That you, Herbert Hoover?

[enough]

3. Meaning: cut or destroy all social programs,Medicare, Medicaid, education......

[Girard442]

4. Since corporate borrrowing and spending are economically indistinguishable from government's...

...maybe it's high time we told the Exxons and GMs of the word to knock it off.

[Farmer-Rick]

5. Coming from Murdoch's Wall Street Urinal

This is very suspect.

I'm sure there are all sorts of economists lining up for their filthy rich master's pay.

Reminds me of Milton Friedman and his favorite world leaders Pinochet. Milton just loved that Pinochet threw union and liberal leaders into the ocean to drown with a little help from big corporations, literally. Milton's free market crap was a load of more crap but it sure helped out the filthy rich.

So now we have given up on free trade agreements, free trade in general, trickle down, austerity, bailouts for the rich and globalization doing the dirty work for the filthy rich anymore. So time to get another puppet out there by to dance for the rubes. I wonder if this new puppet will get a dictator to drown liberal and union leaders in order to get a fake Nobel prize too.