An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, July 30, 2012
Randy Wray — Nostradamus And The Euro
This should be the last word, but I suspect it won't be.
I think that Mike here was the first to publicly give props to the MMT thought leaders about the Euro and many other things that exhibited economic prescience.
I think that Mike here was the first to publicly give props to the MMT thought leaders about the Euro and many other things that exhibited economic prescience.
ReplyDeletersp,
Honestly, why does this matter to anyone (who was first or last)? Is something about economists egos?
ReplyDeleteI thought economists were rational agents.
Lev: "…why does this matter to anyone…"
ReplyDeleteIt only appears to matter to those that got it wrong or got it right for the wrong reasons (not much difference).
The pay-to-play folks apparently don't feel like they're getting their moneys worth.
I bet if you could go back thru the audio, you could find that Rush Limbaugh predicted Euro failure due to "European socialism", etc...
ReplyDeletersp,
I think that, if you check the records, you will find that this whole thing was predicted on the ancient Inca calender.
ReplyDelete