A decent question from Krugman: How can Bernanke predict enormously high unemployment (as this chart from the Fed does), while also saying that more stimulus is not forthcoming?
Credit to Krugman for tossing out niceness towards a fellow Princeton colleague.
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See Also:
- Will Bernanke Be "Too Boring" Tomorrow?
- FORGET WHAT YOU HEARD: Nomura Explains Why There's No QE3 To Rescue You
- By The Way, There's A Massive Meeting And News Conference Next Week
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