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Doesn't matter what we want. We are in a liquidity trap (as the not-quite-Keynesians call it) because the private sector is in a position of enforced saving.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Sep 28th, 2012 at 08:40:29 AM EST
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