- The Fed is under a host of criticism for its accommodating monetary policy. We think the criticism is largely missing the mark.
- It’s much easier to recognize asset bubbles after they have popped, and there are other instruments available to deal with them besides monetary policy.
- Also, the link between monetary policy and credit creation and asset prices is rather loose.
Why The Fed Critics Are Wrong | Seeking Alpha
January 10th, 2016 · No Comments
Tags: Monetary policy