Understanding Interest Rates
Scott and Russ discuss the relationship between interest rates and the condition of the economy, highlighting the factors that contribute to low interest rates. They also explore the impact of tight money policy on inflation and recession. The conversation delves into the views of Ben Bernanke and Milton Friedman, shedding light on the complexities of monetary policy and its effects on interest rates.In this clip
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EconTalk
Scott Sumner on Money, Business Cycles, and Monetary Policy
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