Thursday, March 12, 2009

Great Posts on Monetary Policy

Scott Sumner discusses George Selgin's ideas, questions the Goldman Sach's report, and mulls over Nick Rowe's thoughts on Monetarism. Nick Rowe, meanwhile, discusses temporary versus permanent quantitative easing and liquidity and aggregate demand. There is much to chew on here, but the common theme across these posts is that monetary policy is not tapped out.

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