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Letter: Comment on Dolan and Recent Fed Policy

Scott Sumner

The Economists' Voice, 2009, vol. 6, issue 1, 1-2

Abstract: Edwin Dolan recently argued that the Fed might be running out of options to prevent deflation, but that their recent policy of paying interest on reserves offers hope for the future. Scott Sumner contests both assertions.

Date: 2009
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DOI: 10.2202/1553-3832.1508

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