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  • Fed urged to control asset bubbles...yeah, right!

    The Fed is being urged to be more aggressive in controlling future asset bubbles. Fed governor, Frederic Mishkin, gave a speech May 15th suggesting the Fed should use its regulatory powers "aggressively and pro-actively to limit the threat from future asset price bubbles." The Fed could eliminate...
    Posted to Cigars, Scotch and Anarchy by libertyboom on Sat, May 17 2008
    Filed under: monetary policy, bubbles, asset bubble, Mishkin, Fed, dollar, inflation
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