Political Quotes

Pat Toomey: “My sense of the academic consensus is that the main effect of accommodative monetary policy is to induce economic…”

On the recordJune 20, 2016
My sense of the academic consensus is that the main effect of accommodative monetary policy is to induce economic activity that was going to occur later at an earlier time.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey discusses the effects of accommodative monetary policy on economic activity timing.

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