Kids Prefer Cheese
Refusing to listen to your stupid "Ted Talk"...since 2004
Thursday, May 06, 2010
This just in: A = A
From the comparable
Scott Sumner
:
"I think the Great Depression was caused by NGDP falling from $106.7 billion in 1929:3 to $49.8 billion in 1933:3. "
In other words, the Great Depression was caused by..... THE GREAT DEPRESSION.
Yikes!
1 comment:
James
11:07 PM, May 06, 2010
NGDP ≠ RGDP
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NGDP ≠ RGDP
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