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| Number of pages / Number of words: |
2 / 321 |
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Hilton disagrees with Laffer that the Fed is not influential or important. On slide 2 of Spence Hilton's Framework for Implementing Monetary Policy, he gives a simple example that illustrates how The Three Tools of Domestic Monetary Policy work. This includes the discount window, reserve requirements and open market operations...
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Hilton disagrees with Laffer that the Fed is not influential or important. On slide 2 of Spence Hilton's Framework for Implementing Monetary Policy, he gives a simple example that illustrates how The Three Tools of Domestic Monetary Policy work. This includes the discount window, reserve requirements and open market operations...
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