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Re: Can the Fed set the long-rate?
Paul Davidson, you often cite WW II control of the bond rate as evidence
that it can be done in peacetime. To what do you attribute the ending of
the wartime controls? If your policy were so reasonable, why was it
rejected?
Doug
- Thread context:
- Re: Can the Fed set the long-rate?,
William F. Hummel Fri 10 Oct 1997, 16:24 GMT
- <Possible follow-up(s)>
- Can the Fed set the long-rate?,
Paul Davidson Fri 10 Oct 1997, 16:43 GMT
- Re: Can the Fed set the long-rate?,
michael perelman Fri 10 Oct 1997, 17:20 GMT
- Re: Can the Fed set the long-rate?,
Randy Wray Fri 10 Oct 1997, 17:58 GMT
- Re: Can the Fed set the long-rate?,
Doug Henwood Fri 10 Oct 1997, 18:04 GMT
- Re: Can the Fed set the long-rate?,
Randy Wray Fri 10 Oct 1997, 18:29 GMT
- Re: Can the Fed set the long-rate?,
William F. Hummel Fri 10 Oct 1997, 18:57 GMT
- Re: Can the Fed set the long-rate?,
Doug Henwood Fri 10 Oct 1997, 19:10 GMT
- Re: Can the Fed set the long-rate?,
Basil Moore Fri 10 Oct 1997, 20:51 GMT
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