@Noahpinion @_John_Handel @dandrezner Indeed you could go Barry Eichengreen and argue that precisely because we avoided Depression we were also

@Noahpinion @_John_Handel @dandrezner Indeed you could go Barry Eichengreen and argue that precisely because we avoided Depression we were also trapped in a hall of mirrors that paralyzed the political dynamic necessary for major reform. @DougHenwood seems attracted by that position re QE.

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