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A Simple Graph That Should Silence Austerians and Gold Bugs Forever

May 17th, 2013 · No Comments

We had the shallowest recession and the best recovery primarily because we (a) control our own currency and (b) used aggressive monetary policy to save the banks and lower interest rates while running high deficits.

via A Simple Graph That Should Silence Austerians and Gold Bugs Forever.

Tags: Economy