sábado, abril 23, 2011

Who Debased the Dollar?/ Paul Krugman

Barry Ritholtz makes an obvious but strangely unnoticed point: right now we have all these people hysterical about the debasement of the dollar, but where were they when the real devaluation was taking place?
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Funny how we didn’t hear all this hysteria between 2001 and 2007. For the record: while I had plenty of complaints about the Bush economy, the declining dollar was never among them.

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