I want some
August 26th, 2005 by 
InLibrisLibertas
“If we can maintain an adequate degree of flexibility, some of America’s economic imbalances, most notably the large current account deficit and the housing boom, can be rectified by adjustments in prices, interest rates, and exchange rates rather than through more-wrenching changes in output, incomes, and employment,” Greenspan said.
What is this man on? It must be good stuff to provide such rosy delusions. How do you change prices, interest rates and exchange rates without affecting output, incomes, and employment?
Posted in The Fed | 
September 22nd, 2005 at 7:26 am
I like your articles - good stuff -When time permits you may check my blog at http://www.statapudy.blogspot.com
Sekhar