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Balderdash's  Instablog

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  • Deflation: the Keynesian straw man

    Here is a rough bullet point set of arguments for why deflation has a near zero probability of occuring in this country, despite the economic collapse.

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    Jun 27 04:42 pm | Link | Comment!
  • Can the interest rate payments on reserves mop up liquidity?

    In response to the following article: 

     

     

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    Jun 18 06:17 am | Link | 1 Comment
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