On Aug 9, 2011, at 2:56 PM, Jim Devine wrote: > maybe because he studied the Great Depression? I expect the inflation > hawks to call for his ouster.
Yup. And they are, though mainly the loons for now. There were three dissents on the FOMC from people who didn't like the specificity of mid-2013. > by the way, how effective is monetary policy when nominal interest > rates are as low as they can go? Not very, but they're doing everything they can. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
