I would simply observe, I think, that we all realize that the Fed's, in effect, running the printing presses perhaps is the best policy alternative they have there right now in this situation.
Frank Lucas: “I would simply observe, I think, that we all realize that the Fed's, in effect, running the printing presses perhaps is…”
On the recordFebruary 8, 2011
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congress.govEditor's note · Context
Lucas discusses the Fed's monetary policy and its implications for the economy.
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