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Belief in the quantity theory of money is prima facie evidence of incompetence in a central banker (or anybody else who is tasked with forecasting, regulating or studying the political economy).

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Apr 7th, 2011 at 10:26:26 AM EST
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