Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/great stagnation

Marshall Auerback responds

…past year. In fact, it seems to be as great as 5 years’ growth in credit in the previous Chinese bubble. What happens is that the increase in money and…

Too much wealth?

…throwing around a few labels like “left wing” and “strawman argument”) proceeded to make the unsupported blanket and absolute assertion that “American millionaires … know what it’s like to struggle…

Those Low Rates

…for sleight-of-hand: For example, Bernanke takes great pains to rebut criticism that the funds rate was well below where the Taylor Rule…suggested it should be following the 2001 recession. The…