Fri 2009-01-16 00:00 EST
naked capitalism: Cautionary Tales: Central Bank Liquidity Injections Made Crises Worse in Latin America
Carmine Reinhart and Kenneth Rogoff; ``authorities found it difficult to mop up the liquidity they had created. Rapid growth in money supply stoked serious inflation''
cautionary tale; Central Bank Liquidity Injections Made Crises Worse; Latin America; naked capitalism.