Market Monetarism and The Future of Monetary Policy with Scott Sumner
Village Global Podcast
00:00
Is the Fed Too Expansive?
The Fed could have been far more expansionary in a variety of ways. The strategy you need ed is what's called level targeting. That's a commitment to overtime, come back to the previous trend line. And if you do that, you're likely to get a much stronger and quicker recovery. Inflation has run even hotter than the fed had hoped.
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