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Tuesday, November 26, 2013

Minneapolis Fed President and Research Department

My theory about what is happening at Minneapolis is that it is mostly about poor communication and insufficient leadership over a very strong willed group. That led to frictions between Narayana Kocherlakota and the research department. These issues came before his ideological conversion, have nothing to do with saltwater-freshwater, or pronouncements on low interest rates and deflation.

    Posted by on Tuesday, November 26, 2013 at 11:59 AM in Economics, Monetary Policy | Permalink  Comments (45)


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