Facebook Live Event with Charles Hayden. RSVP to the Event here. Reading Warren’s paper and highlighting stuff we should talk to him about, and formulating questions. A Framework for the Analysis of the Price Level and Inflation
The post studies how the Fed is involved in fiscal operations and how the U.S. Treasury is involved in monetary-policy operations. The extensive interaction between these two branches of the U.S. government is necessary for fiscal and monetary policies to work properly.