This week's EconTalk is Allan Meltzer talking about inflation. I learned a lot from this one. My favorite parts are where he explains why Bernanke won't be able to stop inflation (he won't have the political will) and why Paulson rejected killing insolvent banks with FDICIA (the bankers didn't like it. Shocking.)
Meltzer on inflation
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I listedn to it today and really enjoyed it. I liked the part in which Bernanke and his boys asked the banks if they would rather be bailed out or fired. Scary and rather sad.
I liked that he gives full-throated support to Let Them Fail. As opposed to Don's Stop Lending to Minorities.
As opposed to Don's Stop Lending to Minorities.
Posted by: T L Holaday | Feb 24, 2009 7:02:50 PM
Citation?
Sometimes I see a post that makes me appreciate our own Muirgeo.
Just a warning:
This is the second post by "sveta". For non-Russian speakers, if you click on her name to figure out who would post such nonsense, don't click further (esp. if you are with your kids or at work). It's written in Russian, but the initial page of the site advertises "erotica".
Thanks, Methinks–I've deleted those comments. Russ
T L
Your comment is offensive and damages your credibility.
I enjoyed this podcast very much. thanks.
Loved to read your blog. I would like to suggest you that traffic show most people read blogs on Mondays. So it should encourage bloggers to write new write ups over the weekend primarily.
regards
sears parts