Comment: Thank you

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In reply to comment: Dr. Paul Krugman (see in situ)

Thank you

Thank you for welcoming me. I've decided to come here to enlighten you all on economics since you seem so confused.

Let's begin your education with recessions. Recessions are not caused by the liquidation of an unsustainable cluster of investment errors brought about by inflation. That idea is wrong, wrong wrong! No, recessions are caused by "animal spirits". Got it?

Paul Krugman, PhD, Ivy League