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Wednesday, March 18, 2009

The Global Financial Crisis

[ HT Good ]

Click image to enlarge.


Doug said...

The Fed is buying treasuries!

Get ready for hyperinflation!

Dave said...

Doug, relax.

They can't print enough. They are f****d.

It's going to be awhile before we see inflation.

Read Karl's stuff. He's ossim.

Tord Steiro said...

Dear Ninja.

Considering this chart and the Minsky article (good paper, by the way), am I noticing a more pragmatic view on government and regulation?

Not that I believe you start to encourage big government and a masse of regulations for the sake of regulation itself, but do I see some closing in to the Tyler Cowen approach to libertarianism?