Posted: 3/4/2015 7:10:42 PM EDT
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These are kind of fun...
http://federalreserve.gov/monetarypolicy/fomchistorical2009.htm From Feb 7 - But given the schedule for Secretary Geithner to announce the plan on Monday, I thought this was an opportune point for us to review the plan and the Fed’s potential role. As you’ll see when I go through the plan with you, the details are fairly lacking. There is an overall structure. That, in part, is on purpose. The political strategy is to provide an overall structure with some detail, but not a great deal of detail, with the idea that the public discussion and the congressional discussion will create some buy-in on the political side. It’s like selling a car: Only when the customer is sold on the leather seats do you actually reveal the price. |