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Tag Archives : Paul Volcker

Ronald Reagan’s Most Under-Appreciated Triumph

Ronald Reagan’s Most Under-Appreciated Triumph

Posted on January 25, 2015

Krugman’s wrong again, this time about the Gipper.

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The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String

The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String

Posted on September 22, 2011

In a move that some are calling QE3, the Federal Reserve announced yesterday that it will engage in a policy called “the twist” – selling short-term bonds and buying long-term bonds in hopes of artificially reducing long-term interest rates. If successful, this policy (we are told) will incentivize more borrowing and stimulate growth. I’ve freely […]

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