3 ms·
When milk is $800 a gallon we might see the flaw of this approach.
by volune 13y ago
When milk is $800 a gallon we might see the flaw of this approach.
- tedsanders 13y agoI think the proposal is not inject additional money, but to inject the same amount of money through a different channel - giveaways instead of open-market operations.
- TimJYoung 13y agoNo, the Fed would turn off the "money pump" long before then. It would manage things according to its target inflation rate, just like it does now.