PK: "[T]he O.E.C.D. is saying right now is that policy makers should stop promoting economic recovery... this recommendation... seems disconnected... from the organization’s own economic projections... he O.E.C.D. declares that interest rates in the United States and other nations should rise sharply... to head off inflation. Yet inflation is low and declining, and the O.E.C.D.’s own forecasts show no hint of an inflationary threat. So why raise rates? The answer... is... we must worry... markets might start expecting inflation, even though they shouldn’t and currently don’t.... A similar argument is used to justify fiscal austerity... the organization demands both that governments cancel any further plans for economic stimulus and that they begin “fiscal consolidation” next year."