That's right. Bailouts and QE, intended to reinflate asset prices (real estate and equity), have zero affect on asset prices (energy and commodities). Brilliant. How does Krugman know which asset class is buoyed, and which isn't? Cheap money inflates stocks but not oil prices? Real estate but not the price of corn? Or wheat? Anyhow. These are the fucking idiots that run our economy.
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