Is Trump Kinda Right About The Fed?
posted by Winston Smith at
9:37 PM
Tuesday, January 01, 2019
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1 Comments:
Interest should have been relativelg high for the last three years, just so that the rate could be cut in the face of the next recession. This is pretty standard economic practice. Yes, Yellin should have raises it in 2016. But she was right to keep it low for a good long while after so deep a recession.
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