Krugman to the Fed: Do More!

Paul Krugman is upset. He wants the Federal Reserve to take a number of concrete actions to make the deleveraging of America go away. He doesn’t call it deleveraging of course. He calls it deflation, which means the money supply is contracting. Of course he doesn’t explain how the money supply could contract or whether it is contracting.

About SCrosnoe

I serve as a watchmen on the wall. In that effort, I have been a grassroots activist for over forty years (first in Texas and now in Oklahoma). I am a conservative, limited government freedom lover. I live in Bartlesville Oklahoma.
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