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Fed Vice Chairman Kohn on Economy

J. Bradford DeLong's Grasping Reality with All Eight ... found this 5/26/2009 on calculatedriskblog.com

From Federal Reserve Vice Chairman Donald Kohn: Interactions between Monetary and Fiscal Policy in the Current Situation A few excerpts: [I]n the current weak economic environment, a fiscal expansion may be much more effective in providing a sustained boost to economic activity. With ...