David Frum

@davidfrum ↗

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Last Checked Sept. 19, 2019

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Fri Apr 12 00:51:06 +0000 2019

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David Frum @davidfrum

"But (he continued) it's not true. Bad monetary policy is like drinking arsenic. It kills you. Good monetary policy is like NOT drinking arsenic. You don't live one minute longer by not drinking arsenic. You still have to eat right, wear a seatbelt, etc. to get anywhere" — PolitiTweet.org

Posted April 12, 2019 Hibernated

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David Frum @davidfrum

An economist friend offered this observation: "Monetary policy attracts cranks, because the consequences of bad monetary policy are so bad - hyperinflation, depression - that it's natural to believe that the consequences of good monetary policy must be commensurately good. ... — PolitiTweet.org

Posted April 12, 2019 Hibernated

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David Frum @davidfrum

Ok there's also the "no bottom to the bad faith" problem ... — PolitiTweet.org

@davidfrum problem isn’t only that commodity prices aren’t stable, are susceptible to huge shocks & wd make an unwi… https://t.co/pcScL…

Posted April 12, 2019 Hibernated