Must-Read: Cullen Roche: Does a “Liquidity Trap” Ever End?: “Brad Delong has a very smart post over at Equitable Growth… …discussing the recent Feldstein commentary on inflation as well as Paul Krugman’s Liquidity Trap model of the current economic environment. Brad, unlike Paul, is not so quick to assert that the Hicksian model that Dr. … Continue reading Must-Read: Cullen Roche: Does a “Liquidity Trap” Ever End?