In a way, I miss the months that followed Lehman’s failure. O.K., not really — but if it was a time of terror, it was also a time of clarity. The whole world was going to hell in a handbasket, and policy makers everywhere shared a common goal: stopping the plunge.
Inflation and Economic Hooliganism
14 May 2011 - posted on The New York Times/Paul Krugman
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