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Krugman raises the point that it could be that the leaks are coming from officials tryng to curry favor with journalists. Alternatively, they may be trial balloons for future policy ideas.
“Now it seems as if the report’s contents may also be dictated by what, based on the response to leaks, the informed public is willing to swallow. (”Would you believe it if we say Citi is fine? OK, what if we say they need $5 billion? Not enough? How about 10?”)
