Market Monetarism and The Future of Monetary Policy with Scott Sumner
Village Global Podcast
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Is the Fed Going Back to the 19 Sixties?
If you want specific factors of if i put on a hat as a market participant and had to judge for myself, rather than just inferring from the market, i would look for signs that the fed was going back to 19 sixties era. I don't think we're there, but i suppose that could happen at some point in the future. What is the line by which they can no longer s take money out of the economy? The reverse q e we wretalking of erlier verse. They have to now monitize the debt. This is not why we had the great inflation. We did not run big budget deficits during the vietnon war. We just didn't
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