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Martin Feldstein, chair of the Council of Economic Advisors under President Ronald Reagan, wrote an editorial for the NY Times about a year ago in which he argues that Congress should enact stimulus in order to save the Fed from having to choose between recession and what he sees as risky monetary policy. Here it is: Saving the Fed From Itself - NYTimes.pdf. Read it and tell me what you think. Do you agree, and why? Use concepts from Chapter 16.

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019

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