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[There is a deeply held belief that order emerges out of chaos. If so, the Obama Administration’s Great Monetary Experiment, designed and implemented by its appointed Federal Reserve chief, will have ultimately a happy ending. Social and economic turmoil resulting from years of vast monetary disorder would bring about a swing of the political pendulum, which could sweep away the Federal Reserve. In its place a new monetary order would be constructed. This would include constitutionally protected rules to guide the US along the path of monetary stability.]
Published: Dec 3, 2015
Keywords: Interest Rate; Federal Reserve; Private Equity; Equity Market; Nominal Interest Rate
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