Vice Chair Kohn on fiscal expansion
May 26, 2009 at 08:45 AM EDT
[Skip to the end] Yes, he’s got that part very right!!! > On Mon, May 25, 2009 at 11:06 PM, Roger wrote: > > Federal Reserve Vice Chairman Donald Kohn: > > Interactions between Monetary and Fiscal Policy in the Current Situation > > [I]n the current weak economic environment, a fiscal expansion may be much more > effective in providing a sustained boost to economic activity. > Doesn’t say anything [...]