Does Bernanke know that he's totally screwed, that he has the power to create asset and commodity inflation but not to match it with wage inflation?
Or is he as naive and arrogant as Greenspan, seeing himself as an infallible god who can turn back the laws of mathematics with a wave of his sheepskin?
5.13.2010
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Democrats plan to repeal state and local tax (SALT) deduction limits
Democrats are talking about repealing the SALT limits. What nobody's talking about is that SALT is largely irrelevant to the middle clas...

1 comment:
Pithy, to the point, and absolutely right.
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