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Forward Guidance cover image

Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth

Forward Guidance

NOTE

The Bernanke Doctrine on Quantitative Easing

The Bernanke doctrine is a policy of holding large amounts of government securities on the Fed's balance sheet as an emergency measure when interest rates are at zero/nQuantitative easing should not be done when interest rates are not at zero, according to the Bernanke doctrine/nLarge-scale asset purchases can only be conducted at the zero-bound, according to the Bernanke doctrine

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