Prosecuting the Guilty, Revealing Crisis Lending, and Endangering Fed Independence
The absence of criminal charges after the financial crisis naturally brought to mind the lack of a dog’s nocturnal barking, which Holmes noted in that interchange with Dr. Watson in “Silver Blaze” by Sir Arthur Conan Doyle.1 This chapter initially examines that subject in some detail.
KeywordsMonetary Policy Central Bank Federal Reserve Hedge Fund Quantitative Ease
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