11.03.2009

Treasury Dept. uses Phone-a-Friend Lifeline

Weird. The Treasury Department had an anonymous, off-the-record meeting with financial bloggers including Michael Panzner and Yves Smith.

That's kind of like Homer Simpson inviting nuclear physicists to discuss the Springfield power plant.

Needless to say, the physicists left with bemused puzzlement but no new information, and Homer didn't retain much beyond a donut daydream.

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Quotations from Chairman Varones

 Inflation is progressive utopians encountering resource constraints for the first time.