December 30 2009: The Year for Plan B
December 31st, 2009
“Even before the Obama team took over, Christina Romer said, and with her many others, that governments were in uncharted waters. Ben Bernanke proclaimed that Quantitative Easing was a no-miss (even though it had never been tried), and Geithner declared in the house that he needed no Plan B in case the stimulus wouldn’t work. Their belief systems are easy to spot as just that, belief systems.”
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