When Martin Feldstein describes the Feds monetary policy as easy, he means that the Fed has created

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When Martin Feldstein describes the Fed’s monetary policy as “easy,” he means that the Fed has created a lot of money, has made money grow at a fast rate, and has pushed interest rates down. Looking at the graph in Eye on Inflation, has money been “easy” during the 2010s? In which decade was it most “easy”?

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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