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Tag Archives: Group Think

Case For -2 percent Rates, Banning Cash? Jim Grant Blasts Lunatic Proposals

Submitted by Michael Shedlock via KMichTalk.com, Looking for group think, extrapolation of extreme silliness, linear thinking, and belief in absurd models? Then look no further than Fed presidents, their advisors, and academia loaded charlatan professors. Today’s spotlight is on Marvin Goodfriend, a former economist and policy advisor at the Federal Reserve’s Bank of Richmond, and Ken Rogoff, a chaired Harvard...

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