Wednesday, September 21, 2011

prices or jobs

one of the most interesting articles in recent times
shows some of the most conventional and unconventional methods that the fed can use.
reminds me of 1982 when Paul Volcker in an effort to calm the markets said that the fed was switching to the Friedman methods of letting the market decide the key variables.
This article also has a lot of what we just covered in class.

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