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AAS Economic Focus

Has US Monetary Policy Reached a Dead End?

In his various speeches and comments the Chairman of the Federal Reserve
Ben Bernanke has given the impression that the central bank’s monetary policy
remains a very powerful tool to steer the economy away from serious economic
slumps.
Equally monetary policy can also be very effective in preventing the economy
from entering an “over heating” phase – monetary policy, if set expertly…

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Dr Frank Shostak on Mises.org

View more articles by Dr Frank Shostak on mises.org