Tag Archives: monetary policy

Barney Frank weighs in with the dead hand of government

Barney Frank initially wanted to strike up a grand bargain with the capitalist economy. Now he wants to wave the dead hand. There is a thing as market failure. Barney ignores that there is government failure. Moreover the Massachusetts congressman overlooks the fact that the Federal Reserve Bank, with its easy money (a goal long supported by Democrats)contributed significantly to…

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