Paul Krugman: The Urge To Tighten: “People are going through the Fed’s 2008 transcripts, and finding that most officials had no idea what was going down…. I’m a bit surprised, but that’s not the most surprising thing. What’s really surprising, and a bit dismaying, is the fact that a number of Fed officials were evidently … Continue reading Morning Must-Read: Paul Krugman: 2008 Federal Reserve Decision Making: The Urge To Tighten