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Volunteers scurry to build a floodwall and a dike across the main entry into the city from North Dakota as the Red River reaches in Breckenridge, Minnesota.
You don’t have to watch The Daily Show and its occasional snips of CNBC’s poor prognostication to marvel at the economists’ ability to confound us. You need only look at some of the headlines this week alone. Let’s take deflation and inflation, for example, and the occasional reports of what we should fear. We’ll start Read more →