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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Two quick comments on inflation

Posted by Sada Mosler on February 27th, 2008

  1. Bernanke may be reminded of the reason the dual mandate includes inflation – voters don’t like inflation even more than they don’t like unemployment.
  1. As inflation rates rises into the March 18 meeting, with the FF rate at 3% the real rate falls, which the FOMC sees as ‘easier’ policy.

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