Re: Conservatives and Monetary Policy

by Ramesh Ponnuru

Avik: I think you’re being unfair to the people on your (misguided) side of the monetary-policy debate. You claim that conservatives aren’t paying enough attention to the (allegedly) too-loose policies of the Fed. But you consider no evidence of the attention that they do pay it — indeed, you dismiss that evidence as a “laundry list” when I cite it. Nor do you give any indication of what would constitute enough attention in your view. So I’m a bit at a loss trying to evaluate your complaint.

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