tag:blogger.com,1999:blog-4900303239154048192.post2933478609342962813..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: John Taylor on Monetary Policy and InflationUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-27128029658643465142013-11-18T22:35:15.015-05:002013-11-18T22:35:15.015-05:00Some naïfs seem to be unaware of the rule that loo...Some naïfs seem to be unaware of the rule that loose money is <b>perfectly acceptable</b> when (a) your party is in the White House and (b) there will be Congressional elections sometime in the next 25 months. <br /><br />If your party is unlikely to gain political benefit from monetary stimulus, … well I don't need to spell this out because nobody at this site is a naïf, amirite?<br /><br />This tidbit is important if we are to distinguish statesmen from political hacks.Walt Frenchhttps://www.blogger.com/profile/00873789914522579055noreply@blogger.com