Friday, March 20, 2009

I Wish I Wrote That

Megan McArdle is smart, funny and tall "Helicopter Ben fires up the engine":
"the Fed is going to buy up about $1 trillion worth of securities in order to flood the market with new money. Do any other old codgers out there in my audience remember back when $1 trillion was a noteworthy figure, rather than the minimum price needed to get people to take your policy seriously?
Nice. Or, a trillion here, a trillion there. Pretty soon, you are talking about real money.


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