The Fed's Moves Have Backfired - Barrons.com
" In other words, the Fed could set some target for the jobless rate—currently stuck at 9.1%—and indicate it will keep interest rates low until it sees that rate come down meaningfully"
This reminds me of someone keeping their foot on the gas while the car's wheels are spinning on ice. (In other words, if fiscal and other policies are economic ice, the monetary gas will do nothing. We also know what eventually happens with the hole the spinning wheels make in the ice!)
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