“We get cheap goods in exchange for pieces of paper, which we can print at a great rate.”
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“Theres more consensus . . . within the economics profession about how the world works than there was in the 1950s, 60s and 70s.”
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“Hes very knowledgeable about fiscal areas and has worldwide contacts.”
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“He thinks academic economists are much more concerned with rules and models, while hes more concerned with making judgments. He has gone to some effort to establish that he is not following a rule.”
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