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Paging Krugman 🔗
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Allegations that the New England Patriots reduced the NFL required level of inflation in footballs used in the recent championship series – allegedly to benefit their passing game – has raised issues beyond the gridiron. A friend of mine, Gail, suggests that this might be evidence of a deflationary spiral!
Butler Shaffer delivers the lulz

BONUS: Lew does too:
One proponent complained that students couldn’t name the 3 branches of government, which is shocking because it’s so obvious: CIA, Pentagon, NSA.
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