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Commentary: Joseph Gagnon’s monetary policy proposals

Tony Lima September 7, 2010 In a recent posting on the Economist‘s Free Exchange blog, Joe Gagnon offered his proposals for changes to current U.S. monetary policy.  While he has some good ideas, a few...

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Operation Twist: The Fed’s QE3

Well, the FOMC didn’t call it QE3, but it’s pretty close.  For those with short memories, QE1 and 2 were the “quantitative easing” programs in which the Fed purchased large quantities of...

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