A POMO Picture is Worth a Thousand Words

28 October 2010 at 7:37 am Leave a comment

| Peter Klein |

Not “pomo” as in Pomo Periscope, but “POMO” as in Permanent Open Market Operations. A fascinating graphic from Bob English (via EB)  showing how the Fed is using its new tool (click to enlarge). In case you were worrying about the Fed “standing idly by” . . . .

Entry filed under: - Klein -, Bailout / Financial Crisis, Public Policy / Political Economy.

The Legacy and Work of Douglass North Congratulations to J. C. Won

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