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ISBN: 9780899309101 - The Distortion Theory of Macro-economic Forecasting The Distortion Theory of Macro-economic Forecasting
Steven Marquard

ISBN10: 0899309100  ISBN13: 9780899309101
Publisher: ABC-CLIO Greenwood Press
Format: Hardback
Publication date: 21 Jul 1994
This book contends that central bank policy pits the Federal Reserve against consumers, creating business cycles and inflation. As the cycle proceeds, the velocity of money starts to rise, complicating the central bank's problems. Ultimately... More