August 2019

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« It's Getting Better All The Time | Main | Where Have You Gone Joe DiMaggio ... Joltin' Joe Has Left and Gone Away »

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Some might recall the paper the Minneapolis Fed put out before TARP titled "Where is the Crisis?" The paper argued there was no systemic crisis, just some big investment banks, like Goldman Sachs, in trouble. They implied that the GS buddies at treasury and the Fed wanted to bail out their golfing partners.

Also, Higgs has a good article on sluggish investment over at the Independent Institute. rdmckinney.blogspot.com

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