The de facto nationalization of the global financial system
Sunday, May 11th, 2008I’ll post a few links to posts by the economists Brad Delong and Brad Sester. First, Brad Delong quotes David Leonhardt, who is arguing that the official inflation rate (in the U.S.) is still over-stating how much inflation is actually occuring (that is, Leonhardt is arguing that there is less inflation than the government reports): (more…)