Jun 29, 2009

Yo no fui

Paul Krugman le echa la culpa al liberalismo por la crisis mundial, pero él qué le recomendaba a Alan Greenspan en 2002 para zafar de la recesión:

"The basic point is that the recession of 2001 wasn't a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."

We got you!

1 comment:

  1. ¿Vieron? La solución es "mejor" regulación dictada por genios, por premios Nobel.

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