Source: Forbes News Agency
1 month ago•
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The Fed Can Do Nothing About Market Prices That Are Always Transitory

The Fed Can Do Nothing About Market Prices That Are Always Transitory

The cost of a call in a telephone booth long ago dropped to zero. Should we give Fed officials a pat on the back for their brilliant market interventions of the “monetary policy” variety on the way to this alleged “deflation”?
Source: Forbes
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