Friday, April 29, 2011

Then again...

... I guess you could say that Ben is not really doing his job right now...
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.
(My italics). See PK.

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