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Monthly Archives: November 2010
Wharrgarbl Rhapsody
The poor would benefit most from 0% unemployment and 10% inflation. It reduces the value of their debt while giving them a job. The rich would benefit most from 10% unemployment and 0% inflation. It preserves the value of their … Continue reading
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Austerity and rules of thumb
A “rule of thumb” is a mental shortcut people use when making decisions. It isn’t always accurate, but it is easy to learn and easy to apply. This is usually a good thing, as it allows people to make quick … Continue reading
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