Wednesday, May 04, 2011

[stroking chin] Hmmmmmmm

Paul Krugman looks at the panic over the falling dollar, concludes that a decline in the dollar might actually be a good thing (helps exports, you know, which is a way out of a recession), and then asks (and answers) the money question:
So where’s this dollar panic coming from? Well, like so many other things that have suddenly become big issues among the VSPs, it’s yet another reason not to do anything about unemployment.

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