It's 1978 All Over Again
Stephen Bainbridge presents the case against fiscal stimulus.
Consider the link an endorsement. I think the Fed's move today was panicky, shortsighted, and inflationary. Other than that, though, Bernanke is just brilliant.
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URL to article: http://pjmedia.com/vodkapundit/2008/1/22/its-1978-all-over-again