Joining the Elite’s Economic Illusions

The Elite’s Economic Quacks make their living by espousing the party line. For example, Paul Krugman lamely responded to the meltdowns by arguing…there’s “too much austerity” even as debt loads keeps rising every year. We gotta keep refilling the punch bowl with Quantitative Easing (QE) and Zero Interest Rate Policy (ZIRP). It appears that getting drunk on economic illusions might be quite stimulating. Continue reading “Joining the Elite’s Economic Illusions”