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Search results with tag "Monetary policy in the 2008"

Monetary Policy in the 2008-2008 Recession

Monetary Policy in the 2008-2008 Recession

www.richmondfed.org

Monetary policy became impotent because banks and the public would sim- ply hold on to the money balances created from central bank open market purchases (a liquidity trap).

  Policy, Monetary, Monetary policy, 2008, Monetary policy in the 2008

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