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Archive for July 27th, 2015

Fed Official: U.S. Should Borrow More

Monday July 27th, 2015   •   Posted by Craig Eyermann at 8:08pm PDT   •   1 Comment

Earlier this month, the president of the Federal Reserve Bank of Minneapolis, Naranya Kocherlakota, said a pretty amazing thing. Michael Derby of the Wall Street Journal reports: “I want to be clear at the outset that I am not saying that it is appropriate for fiscal policy makers to increase the long-run level of…
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