Good Article on Bailout
Mish: www.globaleconomicanalysis.blogspot.com/2008/10/bailout-bill-passed-so-what-happens-now.html
posted by John Liberty at 11:55 PM
Friday, October 03, 2008
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4 Comments:
its also worth pointing out that only a libertarian central banker, like henry paulson, could think this is bailout is a solution. it is decidedly non-keynesian.
My understanding is that things just haven't progressed far enough yet to get o the whole keynesian issue of what will surely be a drastic drop in consumer spending.
My understanding is that things just haven't progressed far enough yet to get o the whole keynesian issue of what will surely be a drastic drop in consumer spending.
Robot. I have heard such things as well and I think those claims are accurate.
But where is the assistance for consumers?
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