Tuesday, August 2, 2011

Brad DeLong and Brink Lindsey Agree the Fed Could Be Doing More

Here is an video excerpt from the Brad DeLong-Brink Lindsey bloggingheads discussion that lends itself nicely to my claim in the previous post of the Fed passively allowing monetary policy to tighten.

1 comment:

  1. David, you are a nice man but as I have argued for 3 years, you have comprehensively misunderstood what's going on. Monetary policy is deckchairs on the Titanic.
    US is in irreversible relative decline, bloated military, unsustainable empire, a failed crappy political system, no leadership, crappy K12 education. I dont think there's any way out here except to let history take its course. Hope for a Japan or Britain, fear an Argentina.