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The Federal Reserve has massive influence over the United States and global economy. But how the Fed uses its tools to stimulate or shrink aggregate demand has changed since the Great Recession. We’ll start by covering how it was done prior to 2008....
According to Jeremy Siegel, "We're in negative inflation mode if the Fed uses the right statistics, not the faulty statistics that they've been using," Siegel said. The professor has long been critical of the Fed's use of lagging housing data, as current price data shows an ongoing decline in both...
