Monday, June 15, 2009

Paul Krugman’s Advice to the Fed, 2002, from the LRC Blog

Amusing find from Lewrockwell.com's blog site:

Paul Krugman’s Advice to the Fed, 2002 (6/15/09, The LRC Blog)

It has a link to Krugman's article on August 2, 2002. About 2 months later in early October, instead of double-dipping, Nasdaq bottomed. Mr. Greenspan did exactly what Krugman recommended, and here we are, 7 years after.

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