Friday, November 07, 2008

To Hell with the Long Run

For Christ's sake stop worrying about the long run and whether long run US fiscal policies will be sustainable. We should be trying as hard as possible to undermine confidence in the creditworthiness of the US government, and especially in the soundness of the US currency. We should be doing everything we can to discourage investors from holding their assets in US Treasury securities. We should be following a policy explicitly designed to bankrupt the US Treasury. Some time later (possibly much later) it will be necessary to change this policy, but let's try not to give away the secret that we intend to change it.
Sent via BlackBerry from T-Mobile

20 Comments:

Anonymous Bond investor said...

Is this a Swiftian "Modest Proposal" or serious policy advice?

Since nearly all of the US' foreign debt is denominated in dollars, we can decouple the two ideas you mention: dollar decline and Treasury bankruptcy. Just devalue our external debts, but keep all domestic lenders solvent.

But maybe I don't understand what you're getting at. In deference to the "knzn" Homeric theme, perhaps I am living in the Land of the Lotus Eaters.

Fri Nov 07, 11:14:00 PM EST  
Anonymous Anonymous said...

看房子,買房子,建商自售,自售,台北新成屋,台北豪宅,新成屋,豪宅,美髮儀器,美髮,儀器,髮型,EMBA,MBA,學位,EMBA,專業認證,認證課程,博士學位,DBA,PHD,在職進修,碩士學位,推廣教育,DBA,進修課程,碩士學位,網路廣告,關鍵字廣告,關鍵字,廣告,課程介紹,學分班,文憑,牛樟芝,段木,牛樟菇,日式料理, 台北居酒屋,燒肉,結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,台北住宿,國內訂房,台北HOTEL,台北婚宴,飯店優惠,台北結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,住宿,訂房,HOTEL,飯店,造型系列,學位,牛樟芝,腦磷脂,磷脂絲胺酸,SEO,婚宴,捷運,學區,美髮,儀器,髮型,牛樟芝,腦磷脂,磷脂絲胺酸,看房子,買房子,建商自售,自售,房子,捷運,學區,台北新成屋,台北豪宅,新成屋,豪宅,學位,碩士學位,進修,在職進修, 課程,教育,學位,證照,mba,文憑,學分班,網路廣告,關鍵字廣告,關鍵字,SEO,关键词,网络广告,关键词广告,SEO,关键词,网络广告,关键词广告,SEO,台北住宿,國內訂房,台北HOTEL,台北婚宴,飯店優惠,住宿,訂房,HOTEL,飯店,婚宴,台北住宿,國內訂房,台北HOTEL,台北婚宴,飯店優惠,住宿,訂房,HOTEL,飯店,婚宴,台北住宿,國內訂房,台北HOTEL,台北婚宴,飯店優惠,住宿,訂房,HOTEL,飯店,婚宴,結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,台北結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,台北結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,台北結婚,婚宴場地,推車飲茶,港式點心,尾牙春酒,居酒屋,燒烤,美髮,儀器,髮型,美髮,儀器,髮型,美髮,儀器,髮型,美髮,儀器,髮型,小套房,小套房,進修,在職進修,留學,證照,MBA,EMBA,留學,MBA,EMBA,留學,進修,在職進修,牛樟芝,段木,牛樟菇,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,住宿,民宿,飯宿,旅遊,美容,美髮,整形,造型,美容,美髮,整形,造型,美容,美髮,整形,造型,美容,美髮,整形,造型,美容,美髮,整形,造型,美容,美髮,整形,造型,美容,美髮,整形,造型,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,設計,室內設計,裝潢,房地產,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,進修,在職進修,MBA,EMBA,住宿,民宿,飯店,旅遊,美容,美髮,整形,造型,設計,室內設計,裝潢,房地產,進修,在職進修,MBA,EMBA

Sun Mar 08, 10:59:00 AM EDT  
Anonymous Anonymous said...

福~
「朵
語‧,最一件事,就。好,你西.............................................................................................................
..................

Thu Apr 02, 11:45:00 AM EDT  
Anonymous Anonymous said...

台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,台北,飯店,旅遊,住宿,民宿,hotel,餐廳,結婚,美食,髮型,美容,美髮,植牙,整形,造型,瘦身,減肥,痘痘,美白,髮型,美容,美髮,植牙,整形,造型,瘦身,減肥,痘痘,美白,髮型,美容,美髮,植牙,整型,造型,瘦身,減肥,痘痘,美白,髮型,美容,美髮,植牙,整形,造型,瘦身,減肥,痘痘,美白,髮型,美容,植牙,整型,造型,瘦身,減肥,痘痘,美白,美髮,髮型,美容,植牙,整型,造型,瘦身,減肥,痘痘,美白,美髮,髮型,美容,植牙,整型,造型,瘦身,減肥,痘痘,美白,美髮,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,傢俱,廚具,情人節,生日,服飾,禮品,贈品,寵物,禮物,花店,海鮮餐廳,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,花蓮海產店,花蓮美食,海鮮餐廳,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,花蓮海產店,花蓮美食,海鮮餐廳,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,花蓮海產店,花蓮美食,花蓮海產店,海鮮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,花蓮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食,花蓮海產店,花蓮餐廳,美食餐廳,好吃餐廳,美食玩家,美食,海產店,海鮮餐廳,花蓮美食

Fri Apr 10, 04:19:00 AM EDT  
Anonymous Anonymous said...

酒店喝酒,禮服店,酒店小姐,酒店領檯,便服店,鋼琴酒吧,酒店兼職,酒店兼差,酒店打工,伴唱小姐,暑假打工,酒店上班,酒店兼職,ktv酒店,酒店,酒店公關,酒店兼差,酒店上班,酒店打工,禮服酒店,禮服店,酒店小姐,酒店兼差,暑假打工,酒店經紀,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店兼差,暑假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,酒店小姐,台北酒店,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,酒店小姐,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,禮服店 ,酒店小姐,酒店經紀,酒店兼差,寒假打工,酒店小姐,禮服店 ,酒店小姐,酒店經紀,酒店兼差,暑假打工,酒店小姐,酒店傳播,酒店經紀人,酒店,酒店,酒店,酒店 ,禮服店 , 酒店小姐,酒店經紀,酒店兼差,暑假打工,招待所,酒店小姐,酒店兼差,寒假打工,酒店上班,暑假打工,酒店公關,酒店兼職,禮服店 , 酒店小姐 ,酒店經紀 ,酒店兼差,暑假打工,酒店,酒店,酒店經紀,酒店領檯 ,禮服店 ,酒店小姐 ,酒店經紀 ,酒店兼差,暑假打工, 酒店上班,禮服店 ,酒店小姐 ,酒店經紀 ,酒店兼差,暑假打工, 酒店上班,禮服店 ,酒店小姐 ,酒店經紀 ,酒店兼差,暑假打工, 酒店上班,酒店經紀

Mon Apr 20, 10:16:00 PM EDT  
Blogger wow power leveling said...

cheap wow gold buy wow power leveling my wow gold cheapest wow power leveling
replica replica rolex
CHEAP wow power level
BUY power leveling
replica rolex replica
cheap lotro gold
replica rolex
CHEAPEST power leveling
cheap rs gold l

Tue Jun 09, 11:10:00 PM EDT  
Blogger trvel said...

花蓮旅遊,花蓮租車,花東旅遊,花蓮租車,花蓮租車,花蓮旅遊,租車,花蓮旅遊,花蓮旅遊景點,花蓮旅遊行程,花蓮旅遊地圖,花蓮租車,花蓮租車,花蓮租車旅遊網,花蓮租車,花蓮租車,花蓮租車,花蓮旅遊景點,租車,花蓮旅遊行程,花蓮旅遊地圖,花蓮租車,花蓮租車,租車,花蓮租車,花蓮賞鯨,花蓮旅遊,花蓮,花東旅遊,花蓮租車,花蓮租車,花蓮租車,花蓮旅遊,花蓮租車,花蓮租車,花蓮賞鯨,租車,花蓮租車,花蓮賞鯨,花蓮泛舟,花蓮溯溪,花蓮旅遊,花蓮旅遊景點,花蓮旅遊行程,花蓮旅遊地圖,租車,花蓮租車,花蓮租車,租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花蓮一日遊,花蓮租車公司,花蓮租車,花蓮租車,花蓮租車,花蓮一日遊,花蓮租車,花蓮旅遊地圖,花蓮租車,花蓮旅遊行程,花蓮旅遊景點,花蓮旅遊地圖,花蓮賞鯨,花蓮旅遊行程,花蓮旅遊,花蓮租車

Fri Jul 03, 11:44:00 PM EDT  
Blogger trvel said...

花蓮租車,花蓮旅遊,花蓮租車,花蓮租車公司,花蓮租車,花蓮一日遊,花蓮租車,花蓮租車,花蓮租車,花蓮旅遊,花蓮旅遊,花蓮旅遊,花蓮租車,花蓮租車,租車,賞鯨,花蓮旅遊,花蓮泛舟,花蓮賞鯨,泛舟,溯溪,花蓮租車,花東旅遊,花蓮租車,花東旅遊,花蓮租車,租車,花蓮旅遊,花蓮租車,花蓮旅遊租車,花蓮租車,花蓮旅遊,租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花蓮租車,花東旅遊,花蓮旅遊,花蓮租車,花蓮租車,花蓮租車旅遊,花蓮旅遊租車,租車,花蓮旅遊推薦,花蓮旅遊包車,花蓮租車,花蓮,花蓮租車,花蓮地圖,花蓮旅遊,花蓮旅遊,花蓮旅遊景點,賞鯨,花蓮旅遊行程,花蓮旅遊,花東旅遊景點,花東旅遊行程,花蓮租車

Fri Jul 03, 11:44:00 PM EDT  
Blogger cool said...

租辦公室租店面買辦公室店面租賃店面出租店面出售花茶花草茶養生茶招牌led招牌招牌製作美國月子中心保養美國月子中心OBU投審會會計師事務所會計師工商登記公司登記包子肉粽宅配美食四神湯搬家公司訂房訂房網花東旅遊桃園土地桃園房屋仲介桃園房屋桃園房屋網桃園房屋買賣漆彈搬家公司會場設計展場設計會場設計展場設計展覽設計消防設備消防設備機電崴立機電消防公司地板施工超耐磨地板店面出租乳癌全身健康檢查肝癌健康檢查身體檢查飛梭雷射雷射溶脂直航機票自由行三久太陽能三久太陽能太陽能熱水器別墅外觀設計環保袋別墅外觀設計室內裝修電波拉皮hand dryer電波拉皮雷射溶脂肉毒桿菌系統家具台中漆彈場漆彈團體服美國月子中心團體服

Fri Sep 11, 05:20:00 AM EDT  
Blogger cool said...

團體服團體服T恤圍裙POLO衫班服團體服創意熱轉印團體服訂做宜蘭民宿關鍵字廣告seo網路廣告網路行銷seo網站設計seo線上客服seo網頁設計seo網頁設計公司網路行銷網路行銷桃園室內設計室內設計作品室內裝潢裝潢室內設計室內設計公司裝潢設計豪宅空間設計店面設計豪宅設計桃園室內設計公司別墅外觀設計室內裝潢設計台北室內設計新竹室內設計法拍屋中古車二手車環保袋環保袋肉毒桿菌健檢醫學美容淨膚雷射汽車美容法拍屋水餃清潔公司實驗動物到府坐月子坐月子坐月子中心坐月子餐孕婦月子餐到府坐月子坐月子坐月子中心坐月子中心台中坐月子中心台北月子餐月子中心坐月子餐月子餐外送

Fri Sep 11, 05:20:00 AM EDT  
Blogger cool said...

月子餐食譜找工作統一發票7 8月求職1111求職人力銀行104求職人力銀行104人力銀行統一發票5 6月104人力銀行104求職人力銀行塑膠袋統一發票1 2月塑膠袋批發塑膠袋工廠金價黃金價格統一發票3 4月1111人力銀行1111人力銀行求職黃金價格查詢中古車買賣塑膠袋統一發票3 4月塑膠袋批發中古車中古車買賣台北人力銀行金價查詢sum中古車中古車貸款信用貸款房屋貸款剖腹生產 命理網 姓名學 姓名配對 星座 星座運勢 算命 開運印章 風水 外遇 徵信 徵信社 外遇 徵信 徵信社 外遇 徵信 徵信社 外遇 徵信 徵信社 外遇 徵信 徵信社 外遇 徵信 徵信社 搬家公司 搬家公司 台北搬家公司 新竹搬家公司

Fri Sep 11, 05:20:00 AM EDT  
Anonymous Anonymous said...

Nike TN
Puma Shoes Men
NFL Jerseys
Air Jordan Shoes
NFL Jerseys
MBT Shoes

Thu Mar 18, 01:07:00 PM EDT  
Blogger weddingdresses said...

I Know Power Balance bracelet is very popular all over the world.
And so many wholesalers buy Power Balanceand silly bandz from us for Christmas' gifts.
Free shipping! brandshoes2trade.com

I just have this energy level that I've never had before. The only thing that's changed is I've started wearing my Power Balance and nike running shoes

Fri Dec 03, 04:21:00 AM EST  
Blogger JUN said...

As the shape ups time draws nigh when the whole business must be achieved, the clock must be consulted, and to each dish due tune allowed for the fire to complete what has been thus prepared. Now the cook must be collected as well as busy, that there may be no oversight of any kind (see art. ■' Cooking"). The vegetables and sauces must, in their preparation, keep pace with the dishes which they are to accompany, so that the order of the dinner may be carefully observed.1561. The dinner hour arrived, the cook commences serving such things as may, without injury, bo covered over, and plare.l for a short time on the hot hearth, or in the hot closet (see " Kitchen Apparatus"). Dut choice or important skechers shape ups dishes she refrains from serving until the order for dinner has been given from the drawing-room. Then all hands are at work. shape ups skechers The cook takes immediate charge of fish, soup, and poultry. The kitchen-maid (in some houses assisted by the under housemaid) dishes vegetables, and pours gravies and «auces iuto tureens. The scullion waits the bidding of the cook. All are thus busy, and yet without con fusion.1502. skechers shoes The serving table (in some kitchens heated with steam) is covered with a clian ninth, and the first coarse is set upon it, and carried thence by the footmen, in regular order, to the butler in the dining-room. The cook's constant aim should be shape ups shoes to serve her dinner neatly, and* above even-thing, to scud it up hot. it '-old. her painstaking in all other respects will avail little. Also, of the second course she Bhould time judi "iotisly the dishing; if deferred too long, an awkward shape ups boots lapse in the dining-room will occur; if loo soon, some tt the light and fancy dishes, such as omelettes aud fundus, may be injured. •1563.

Mon Dec 13, 10:52:00 PM EST  
Blogger anna said...

I mean I am serious for this,I dont fool you now. air force one shoes,just available for you,So lucky you are I think,and five finger shoes also good for you,These are nice for you...

Fri Dec 24, 09:25:00 PM EST  
Blogger weddingdresses said...

power balance is said for optimal peak performance by your body it is important to keep an ionic balance and good flow of energy through pathways at your bodies optimum frequency. Apparently after years of research and development power balance bracelet has developed a method to safely and immediately restore and optimize the energy balance with in your body.
winter boots

Thu Dec 30, 05:14:00 AM EST  
Blogger weddingdresses said...

Welcome to our Coach Outlet Store, 70% Off, Coach Purses, 2011 Coach Outlet Store Online and shopping, coach outlet store are proud to offer you the Best Designer Handbags. Our coach purses lasting quality, exquisite craft. Discount Handbags are perfect for young fashionable girls as well as mature traditional women. We believe this discount Coach Purses is what you want. It must be a wise choice for you to choose these Coach Handbags !

Mon Jan 10, 03:26:00 AM EST  
Blogger 2011bagnews said...

Oakley sunglass outlet is a manufacturer of dtycxy0mcb designer sunglasses. Based in Italy, Today, the company makes oakley sunglasses on sale and goggles for skiing, biking, motorsports and other sporting activities. oakley radar lenses are sports/fashion orientated sunglasses inspired by the iconic Oakley Panamericana Mexican car race and were first launched in 1953 in Austria. A typical wearer of oakley gascan polarized sunglasses is always on-the-go Oakley sunglasses undergo extensive development and are
oakley jawbone lenses tested by athletes, In addition, oakley m frame sunglasses the special coating on the lenses provides extra protection from the sun. With any sports orientated oakley oil rig polarized sunglasses ,A pair of oakley frogskin sunglasses definitely make a real style statement. Some of the best selling modals for Ray Ban oakley xs O frame snow goggles are Ray Ban Aviator sunglasses
oakley flak jacket polarized sunglasses brand that was originally inspired by the now famous Panamericana race that took place in 1953.

Mon May 02, 04:29:00 AM EDT  
Blogger qinbincai123 said...

In our heart a hopeful song,we barely understood,w81nx81 Now we are not afraid.
Wholesale New Era Hats
Cheap 59fifty Hats
Cheap New Era Hats
YMCMB Snapback Hats
Cheap Last Kings Snapback

Fri Apr 27, 10:03:00 PM EDT  
Blogger qinbincai123 said...

For such a long time already,fate w81nx81 has been playing with them.
Cheap Snapback Hats
Snapback Hats Wholesale
Cheap New Era Hats
Wholesale Hats
New Era Fitted Hats
Cheap MLB Hats
Cheap NBA Hats
monster energy hats
Red Bull Hats
Superman Hats

Fri Apr 27, 10:05:00 PM EDT  

Post a Comment

Links to this post:

Create a Link

<< Home