monetarism

Henry C K Liu: Monetarism enters bankruptcy

Last week, Dick Cheney gave an interview in which he pronounced the Bush regime's economic policy to have done a decent job, and asserted that the financial. banking, and economic crises had only begun in the middle of 2008. In his latest article, Henry C K Liu demolishes Cheney's spin, discussing in detail the onset of the crises in July 2007.