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kleinbl00  ·  4327 days ago  ·  link  ·    ·  parent  ·  post: Ayn Rand is for children.

    In spite of my other posts, I'm pretty skeptical of the importance of monetary policy

...

    If there's any way in which Greenspan (or the Fed generally) was important, it was that it's supposed to be a regulator for the banking system

You have a uselessly limited definition of 'monetary policy' if your definition doesn't include regulating the banking system.

read up.