15/03/09 12:47:07.81 OADytXmX.net
出典: 経済学者ポール・クルーグマン氏のブログの一つ
Weimar and Greece, Continued
原文サイト
URLﾘﾝｸ(krugman.blogs.nytimes.com)
Weimar and Greece, Continued
Try to talk about macroeconomics, and you’re sure to encounter accusations
that your policies would turn us into Weimar Germany; those wheelbarrows
full of cash remain the ultimate bogeymen for many, despite years of being
wrong about everything. As some of us have noted, however, there’s a peculiar
selectivity in the use of Weimar as cautionary tale: it’s always about
the hyperinflation of 1923, never about the deflationary effects of
the gold standard and austerity in 1930-32, which is, you know, what
brought you-know-who to power.
But that’s not the only piece of Weimar history that has gone missing
; there was also the reparations issue, which as I noted yesterday has
considerable bearing on the issue of how large a primary surplus Greece
must run.