Ivory Tower Academics, Inflation, and Kindness
MishTalk
AUGUST 22, 2013
And long-term rates are what matter for capital investment, which is key to increasing the economy’s growth potential and raising productivity.". From 1997-2000 the Fed ignored a major bubble in the stock market. From 2003-2006 the Fed ignored major bubbles in home prices, then commercial real estate. What Baum Left Out.
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