There's one thing that the Fed has been really good at cracking down on, and that's inflation.
Paul KrugmanBut Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.
Paul KrugmanOn the political as on the economic front it's important not to fall into the "not as bad as" trap. High unemployment isn't O.K. just because it hasn't hit 1933 levels; ominous political trends shouldnโt be dismissed just because thereโs no Hitler in sight.
Paul Krugman