Nothing To Fear But Fear Of Growth
Remember the "limits to growth" crowd in the 1970s? They're back. But ins
tead of concerned liberals worrying about the planet running out of resources (boy, were they wrong!), we now have jittery bond traders worrying about the economy running out of capacity. Like Chicken Little warning that the sky is falling, these worrywarts are scared silly by growth and run around squawking, "Inflation! Inflation! Inflation!"
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