[quote=jpinpb]…. I don’t know how long they can kick the can before their leg gets tired, but they’ll do it until it gets dislocated.
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LoL!
And Diego Mamani, Alan Blinder is not naive. He knows that the policies he’s pushing would lead to high inflation – that’s why he’s pushing them. Inflation is the giant “get out of jail free” card for those who were irresponsible. But he also knows it’ll just raise too much political opposition to actually say that inflation is the purpose. Better to deny it’s a likely outcome, and then when it happens just say that it was an unforeseen result of a necessary action.
