In case you thought Shiela Bair understands banking and the monetary system. All this can do is further reduce aggregate demand. The entire administration including the Fed and Tsy seems hopelessly mired in gold standard economics. FOR IMMEDIATE RELEASE February 22, 2010 Media Contact: Greg Hernandez (202) 898-6984 Cell: (202) 340-4922 Email: ghernandez@fdic.gov The Federal […]