Friday, April 22, 2011

We Have Enough Liquidity

One of my favorite speakers, Dallas Fed President Richard Fisher, gave a speech on Friday, titled ?Is America?s Decline Exaggerated or Inevitable? The Role of Monetary and Fiscal Policy.?� As usual, he didn?t disappoint.� Here’s the�link. Here are his key thoughts (most of which are direct quotes, but some are paraphrased). The Big Picture 1.���� [...]

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