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|User Info||Oh It's Not 2008 Eh?; entered at 2011-10-04 11:49:02|
Registered: 2011-03-16 Pasadena, CA
One regional Fed President is retiring. Here are some of his parting words:|
Artificially high rates can crush an economy as readily as low ones can misallocate resources and fuel asset bubbles, he said.
Karl's statements parallel Honig's. Nobody listened to Hoenig either.