Monetary Policy Is Not Just Setting Interest Rates

We seem to have found ourselves in the middle of a feels that way, doesn't it? Right? Minint away say, you know what's happening? Nothing is working. And this is coming to us as a shock to markets, and its hurting global markets. It really started when bernake callet the taper tantrum, said, we're going to start a tapering off our c e at the same time that the restawold said, wel, we're Going to ramp ours up. We've gone past jut not adding, just an we' going past tapering offOur cue purchases were,. i shall going tostart tightening short rates now. That's