Paul Krugman: Are We Living In A Permanent Depression?

Krugman: Are We Living In A Permanent Depression?
Description Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference ...
Description Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference ...

Spend any time around monetary officials and one word you'll hear a lot is "normalization." Most though not all such officials accept that now is no time to be tightfisted, that for the time being credit must be easy and interest rates low.

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