Just to keep the world up to date with, you know, stuff:
Economist’s View: nothing but disinflation in the US
Krugman disses John Kay’s regular suggestion of Narrow Banking as the answer. Without namechecking Kay.
Paul cleverly compares Blond to a Communist. He apologises to intelligent Marxists. Now, I think they are all intelligent, Marxists. Just wrong, that’s all.
GDP growth has been revised up to 0.4%.