Subject: Re: Krugman on the Fed
Mungofitch wrote:

I hadn't realized that Mr Dimon had fallen so deeply into that mental pit, so it's good to know.

Me neither! I was kinda shocked by that comment.

Clearly, there is a big, treacherous, step between running a bank and managing a national economy.

I have always found it odd how many people think it would be a good idea for businessmen to run the government (or, indeed, the armed forces). I'm neither a politician, nor a businessman, nor a soldier, but I have spent enough time with all of them to know that (1) I couldn't do what they do and (2) they're not, on average, all that much alike!

Baltassar