Running It Hot, Is That What They're Doing

In the last 20 years in this country, we've had the slowest, real, jetypy growth rate. And i think pas fishe said, you know, we've been doing this forever, quick to tighten, quick to worry about inflation, ever since the 19 seventies, and it just isn't working. So they decide to run it hot - which is keeping the growth rate always above the rate structure. It led to a situation where we had really solid economic growth,. productivity, great job creation, more times a knot of wonderful stock as interrupted by recessions.

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