Tag Archive

Eurozone Still in Thrall of Monetarism and Tight Budgets

One would think that with millions of unemployed and riots everywhere, the Germans would drop their obsession with inflation and start expanding deficits to counter falling demand in the eurozone. I mean, ok for Ossie Merkel who was brainwashed by free-market orthodoxy since she was a teen (remember the flat tax hogwash?), but how could [...]