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The U.S. economy, globalization, and inflation measurement (with brief references to brawls, beer, and bikinis)

Richard W. Fisher

No 36, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: Remarks before the Australian Business Economists, Sydney, Australia, November 14, 2007. ; Our job has been made more complicated by globalization--the freer flow of goods, services, money, ideas and people across national borders. Its present incarnation owes a great deal to the revolution in information technology. Faster, cheaper and better communications are breaking down barriers to international business and knitting the world's economies closer together faster than Skippy could outsmart a pack of hungry dingoes."

Keywords: Globalization; Inflation (Finance); Monetary policy; Economic conditions - United States; Global financial crisis (search for similar items in EconPapers)
Date: 2007
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