It took a Clinton to clean up after the first Bush, it may take another Clinton to clean up after the second one
Hillary ClintonAbout author
- Author's profession: Politician
- Nationality: american
- Born: October 26, 1947
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The theory of economic shock therapy relies in part on the roleof expectations on feeding an inflationary process. Reining in inflation requires not only changing monetary policy but also changing the behavior of consumers, employers and workers. The role of a sudden, jarring policy shift is that it quickly alters expectations, signaling to the public that the rules of the game have changed dramatically - prices will not keep rising, nor will wages.
Naomi Klein