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	<title>Steve Keen&#039;s Debtwatch &#187; Inflation Targetting</title>
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		<title>Stiglitz Trashes Inflation Targetting</title>
		<link>http://www.debtdeflation.com/blogs/2008/06/09/stiglitz-trashes-inflation-targetting/</link>
		<comments>http://www.debtdeflation.com/blogs/2008/06/09/stiglitz-trashes-inflation-targetting/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 03:01:26 +0000</pubDate>
		<dc:creator>Steve Keen</dc:creator>
				<category><![CDATA[Inflation Targetting]]></category>

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		<description><![CDATA[As a 65 year old winner of the Nobel Prize in Economics, Joseph Stiglitz is not someone that mainstream economists can dismiss as either a crank or senile&#8211;the usual reactions to anyone who opposes conventional thought in economic theory or policy. So when he comes out and says that inflation targetting is foolish and dangerous, [&#8230;] <a class="more-link" href="http://www.debtdeflation.com/blogs/2008/06/09/stiglitz-trashes-inflation-targetting/">&#8595; Read the rest of this entry...</a>]]></description>
			<content:encoded><![CDATA[<p>As a 65 year old winner of the Nobel Prize in Economics, Joseph Stiglitz is not someone that mainstream economists can dismiss as either a crank or senile&#8211;the usual reactions to anyone who opposes conventional thought in economic theory or policy.</p>
<p>So when he comes out and says that inflation targetting is foolish and dangerous, his views are worth taking note of. Here is <a title="Stiglitz in Project Syndicate" href="http://www.project-syndicate.org/print_commentary/stiglitz99/English" target="_blank">Stiglitz&#8217;s commentary on inflation targetting</a>, published earlier this month.</p>
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