What can America learn from Greece's travails? Paul Krugman: "We need to steer clear of...

|By:, SA News Editor
What can America learn from Greece's travails? Paul Krugman: "We need to steer clear of deflation, or even excessively low inflation... America’s public debt will be manageable if we eventually return to vigorous growth and moderate inflation. But if the tight-money people prevail, that won’t happen - and all bets will be off."