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Everyone At The Fed Is An Inflation Hawk?

Sunday, February 27, 2011 - 7:05 AM
This New York Times Op-Ed shows that some economists think the Fed's zero-interest rate polices are too little:
The Fed could engage in much more aggressive quantitative easing, both in size and in scope, to further lower long-term interest rates and value of the dollar. It could more effectively convey to markets its intentions for the funds rate, which would also lower long-term rates.

So if you dislike Bernanke, just remember it could be worse.
2
Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800
1. Sunday, February 27, 2011 - 7:55 PM
Thank god she is teaching at Berkeley, where i am sure most people are in agreement with her views. It is hard to believe that we had someone with her views in such an important position in the Administration. It shows how extremely irresponsible this govt has been. We can only hope the voters give them the boot in 2012.
4
loulou554 posts since
Aug 3, 2010
Rep Points: 3,437
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