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asset inflation isn't just an entirely good thing, it's the whole point of the exercise.

Well, considering that stock market indices are indices of asset price level and the attention the serious people pay to them as indicators of economic health... I think you may be onto something.

The brainless should not be in banking -- Willem Buiter

by Carrie (migeru at eurotrib dot com) on Tue Mar 23rd, 2010 at 01:54:51 PM EST
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