Patrick Toomey actually said...
Isn't it true as a general matter that very accommodative monetary policy has the tendency, to the extent that it is successful at all, to bring economic activity that would otherwise occur in the future closer to the present day, rather than to increase the total amount of economic activity that occurs over the long run?
Context
Toomey questions the effectiveness of accommodative monetary policy on long-term economic growth.
05/21/2013