SecondThoughts

It's Time to Focus on the Value of the Dollar

Mr. Mason argues that the dual policy objectives of low inflation/high employment should favor the former for the foreseeable future. What amazes me is how the commentators haven't grasped this simple observation. And, OMG, the things these people have said amaze me further. I can only surmise that, having read Mr. Mason's lengthy post (or maybe skimmed it), that they look for something that the feel they have knowledge about and, whammo, they write it down even if it is only loosely associated with the original post. Please, please, commentators, read the post before you comment; make sure that you are on topic. Doing so will make blogging a lot more meaningful for everyone. Thank you.