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View Full Version : Krugman: U.K. Government Should Be Spender of Last Resort - Bloomberg



NewsWhore
05-29-2012, 06:20 PM
Krugman: U.K. Government Should Be Spender of Last Resort (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbOUXJtIl0n_zuvTn6iJTb7mLFvg&url=http://www.bloomberg.com/news/2012-05-29/krugman-u-k-government-should-be-spender-of-last-resort.html)
Bloomberg
Krugman said the focus on reducing the UK's ratio of debt to gross domestic product doesn't need to be the center of policy because Britain, like the US, has the benefit of being able to borrow in its own currency. The yield on the five-year gilt fell ...

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