DeLong: The Federal Reserve Is Doing It Wrong … He Wants MORE Monetary Stimulus! At least this econ moron isn’t denying the oft forgotten fact that creating more money than there is wealth is the very recipe for inflation. Apparently, however, he doesn’t think that there hasn’t been enough of an increase in our cost of living over the last few years. Which leads us to believe that this DeLong fool is getting paid far too much for whatever it is that he really does.
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