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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 387.40+0.5%Dec 9 4:00 PM EST
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To: ecrire who wrote (28551)9/8/2012 10:45:14 AM
From: The Wharf2 Recommendations  Read Replies (1) of 29622
 
From: frankw1900
Ultra Easy Monetary Policy and the Law of Unintended Consequences
William R. White August 2012

dallasfed.org

williamwhite.ca

Ultra Easy Monetary Policy and the Law of Unintended Consequences
In this paper, an attempt is made to evaluate the desirability of ultra easy monetary policy by weighing up the balance of the desirable short run effects and the undesirable longer run effects – the unintended consequences. The conclusion is that there are limits to what central banks can do. Read more...

Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute

Working Paper No. 126



The Fed's mission is to help the economy, not to please the gold bugs
Mission impossible
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