Opinion
How the QE trillions missed their mark
Maximilian WalshColumnistHenry Kissinger once described the vicious nature of academic politics, where tenure protection provides a virtually sanction-free arena for the participants, as being the ideal training ground for the White House.
In the case of economic differences, such spats rarely make the public arena before they are drowned in a flood of algebraic symbols. That's not going to be the case with the battle now under way over the Federal Reserve Bank's management of the global financial crisis.
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