Fed study puts ideal U.S. interest rate at -5%. FT.
Larry Summers' new model. Simon Johnson, Baseline Scenario.
Money for nothing. Paul Krugman, NYT.
Money doesn't grow on trees. John Hussman.
UPDATE:
Obama's secret plan. Charles Hugh Smith, Of Two Minds.
his thesis is that Obama is giving the investment banker aristocracy enough rope to hang itself, only after which time there'll be the possibility of real change; I don't buy it, but I'd like to; question is, can Obama scapegoat Geithner, Summers, Bernanke and the previous administration without blame for the failure of current policies also accruing to him? (so he and Volcker can provide the real fix!)
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