tag:blogger.com,1999:blog-5713178645208582139.post3476335775010493660..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Steve Hanke on the Fed's PoliciesDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5713178645208582139.post-15401253907239604172009-04-29T08:06:00.000-05:002009-04-29T08:06:00.000-05:00Federal Reserve was fixated in this decade on the ...Federal Reserve was fixated in this decade on the construct of "core inflation" which as one wit has put it, is a measure of inflation that strips out all those things whose price has increased. And of course, Bernanke was haunted by the Japan debacle of the 1990s, which he interpreted as showing the dangers of deflationECBnoreply@blogger.com