Your Federal Reserve at work

Just in case you thought that all the Federal Reserve did was to shuffle funds off to Trilateral Commission members and Goldman Sachs–wait, that might be redundant–relax, they’re hard at work producing scholarly research.  Why, just today, I received the usual dispatch of timely research papers put out by the Fed.

Here’s one of the latest.  You can just click the image and the 37-page PDF will pop up in all its glory.

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