
Fiscal Incontinence!
The David McWilliams Podcast
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The Importance of Fiscal Incontinence in Public Speaking
RTE gave ad clients huge sweeteners worth hundreds of thousands all taxpayers money. If a state has an inability to manage its costs and if a state pisses other people's money up against the wall, we have a serious problem. When you're in a small open economy, inflation comes through largely through the exchange rate. The link is between the state's inability to exercise cost control and the general rate of inflation,. which has been building since 2001.
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