Monday, January 8, 2018

Fed's Monetary Policy Cornerstone Attacked at Economists' Gathering

Bloomberg Fed's Monetary Policy Cornerstone Attacked at Economists' Gathering Bloomberg Milton Friedman put a nail in the coffin of the original version of the Phillips Curve 50 years ago when he correctly foresaw that the U.S. could simultaneously suffer from high unemployment and lofty inflation. A growing number of economists are now ......(read more)
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