raghu wrote: > It is a bit surprising to see Dean Baker write in praise of > speculators.
Dean's a bit of a contrarian, going against the conventional wisdom. On this one, I'd agree: the Fed and the rest of the financial establishment were the emperors, while the shorters were the kids pointing to their unclad status. To mix clichés, the naked emperors want to shoot the messengers. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
