Discussion w/ UChicago Econ Professor John Cochrane

[gpanterov]

As far as the Greek Default contagion argument: If Greece defaults, won't this start a (rational) run on all these French and German banks who own the Greek debt?

[ChixRChattel]

ooh he says bullshit

dont b so vulgar

btw lets nuke israel

[ChixRChattel]

jeez git the sound fixed

i agree us econ policy is nuts but question is why inflation isnt rising based upon expectionations of inflating away usa debt

[bonfirejovi]

Looks like he was right and Kruggie boy was wrong. The stimulus is a failure and Keynesianism has YET AGAIN been proven as a failed theory.

[Muuzip99]

The King of Rationality and his father-in-law Fama is the father of efficient market are actually highly irrational: failing to see their own ignorance.