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Economics Humor

[1317] Of honesty to cause liquidity trap

LOL!

Can money from the sky bump the Japanese out of their liquidity trap? Not if they don’t pick it up!  For some, it is just too creepy. “People thought it was too eerie to touch”, AFP reports. And many of those willing to handle the loot have dutifully returned it to the police. It’s okay, people. Just spend it. [It’s raining yen! Free Exchange. July 31 2007]

By Hafiz Noor Shams

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