June 17, 2003

Pour it on

Larry Kudlow once again makes his favorite monetary policy prescription:

"Most supply-siders disagree, but Alan Greenspan & Co. should turn the money spigots wide open that day -- more than they have thus far in this reflation cycle. I'm talking about shock-and-awe level accommodation from the Fed."

I think even Keynes would be "shocked-and-awed" by this level of Keynesianism.