Does anybody want to start a pool on how long it will take for Republicans to denounce the IMF as a bunch of French socialists?
At a conference in Jackson Hole, Wyoming, the new IMF head Christine Lagarde called on advanced economies to avoid drastic spending cuts and to print more money (“as the risk of recession outweighs the risk of inflation”), i.e. to reject economic policies advocated by the GOP. (This makes me wonder who we should trust on this matter - American and European finance experts or someone whose only encounter with economic theory amounted to earning ‘D’ in economics at Texas A&M).
No word yet of any presidential candidate threatening to treat her ugly….