The public policy blog of the American Enterprise Institute

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Discussion: (3 comments)

  1. Benjamin Cole

    Well, looks like by tightening too much in 2008, the Fed managed to constipate the entire economy for their 100th birthday bash.

  2. The Federal Reserve tries to prevent the necessary short-term economic down-turns that are essential for long-term economic growth. However, all they seem to do is prolong the inevitable.

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