When I said this in 2009 I was way out on the fringe. Today it’s almost become conventional wisdom. And now we have a top Fed official admitting what market monetarists have known all along. Here’s Narayana Kocherlakota:
When I said this in 2009 I was way out on the fringe. Today it’s almost become conventional wisdom. And now we have a top Fed official admitting what market monetarists have known all along. Here’s Narayana Kocherlakota: