@RKHilbertSpace my guess is that inflation will heat up before we have a big downturn. Fed is necessarily reactive.
@RKHilbertSpace my big picture take: the Fed wants higher inflation, lower unemployment. This is a political decision, and eventually they..
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@RKHilbertSpace Lining their friends' pockets is good, but I do think Bernanke genuinely feared the unemployment he associated w/deflationThanks. Twitter will use this to make your timeline better. UndoUndo
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