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Home“Why Isn’t This Liquidity Being Utilized to Hire New Workers and Reduce Unemployment?”
Posted by Larry Doyle on October 19th, 2010 2:37 PM |
Sense on cents implies that capital and liquidity will flow to areas in which it is protected and can generate a reasonable rate of return.
Thus, the question facing our nation is why all the liquidity injected into our system has not gained traction and promoted job growth and increased economic activity. Although I have written voluminously on this issue over the last two years, let’s allow Richard Fisher, the head of the Dallas Federal Reserve, to weigh in with his version of sense on cents. (more…)
