PAUL KRUGMAN: Money for NothingQuicklink submitted by Sheila Samples Permalink
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|why did some bankers suddenly begin making vast fortunes? It was, we were told, a reward for their creativity for financial innovation. At this point, however, its hard to think of any major recent financial innovations that actually aided society, as opposed to being new, improved ways to blow bubbles, evade regulations and implement de facto Ponzi schemes.|
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