Monday, March 08, 2010

Borrow and Spend Economics to Pay for Borrowing and Spending

The Mogambo Guru is unimpressed by the Keynesian theory that borrowing and spending are the only cures for diseases brought on by borrowing and spending, and similarly unimpressed with Ben Bernanke's latest actions to head off these diseases by increasing borrowing and spending.

That Mogambo Guru (MG) must be a nut.

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