Article • Dean Baker’s Beat the Press
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Anyone who thought David Stockman’s screed in the Sunday NYT against fiat money and the New Deal was an isolated incident has to contend with Roger Farmer’s call for bringing back the housing bubble in the Financial Times. It’s obviously nutty season at the major news outlets.
So boys and girls, get out those columns calling for a universal currency, the switch to seashell standard, and 28 cent a gallon gasoline. The major media outlets are waiting.