Vice Chair Kohn on fiscal expansion
[Skip to the end] Yes, he’s got that part very right!!! >   On Mon, May 25, 2009 at 11:06 PM, Roger wrote: >    >   Federal Reserve Vice Chairman Donald Kohn: >    >   Interactions between Monetary and Fiscal Policy in the Current Situation >    >   [I]n the current weak economic environment, a fiscal expansion may be much more >   effective in providing a sustained boost to economic activity. >   Doesn’t say anything [...]
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