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One must wonder how the domestic economists are being incentivized
http://www.telegraph.co.uk/finance/c...have-nots.html
Raghuram Rajan, the IMF’s former chief economist, argues that the subprime debt build-up was an attempt – “whether carefully planned or the path of least resistance” – to disguise stagnating incomes and to buy off the poor.
Question for you Britons: is this legal english?
... QE2, is to drive up Wall Street, perhaps because it has so signally failed to achieve its other purpose of driving down borrowing costs.
Or did he mean to write "singularly"?
signally might make sense, used thus:
"... perhaps because it has failed to achieve its other purpose of signally driving down borrowing costs."
http://www.telegraph.co.uk/finance/c...have-nots.html
Raghuram Rajan, the IMF’s former chief economist, argues that the subprime debt build-up was an attempt – “whether carefully planned or the path of least resistance” – to disguise stagnating incomes and to buy off the poor.
Question for you Britons: is this legal english?
... QE2, is to drive up Wall Street, perhaps because it has so signally failed to achieve its other purpose of driving down borrowing costs.
Or did he mean to write "singularly"?
signally might make sense, used thus:
"... perhaps because it has failed to achieve its other purpose of signally driving down borrowing costs."
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