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Ten Years Ago: An Interview on the Fed

July 20, 2009

About ten years ago, a reporter did an interview with me that appeared in the “Detroit News” about the Federal Reserve and Greenspan’s monetary policy.

This reporter has reprinted this interview on his blog today, pointing out my “prevision” in seeing where Fed monetary policy was leading: serious interest rate distortions, imbalances between savings and investment, and an inevitable economic correction.

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