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Source link: http://archive.mises.org/20962/mises-daily-wednesday-february-08-2012/

Mises Daily: Wednesday, February 08, 2012

February 8, 2012 by

“The Fed’s Quasi-Fiscal Policies” by David Howden

The policies of the Federal Reserve since late 2007 are a sharp departure from the old way of performing monetary policy. Traditional monetary policy aims at low inflation and smoothed output volatility, but a new breed of monetary policies — better referred to as “quasi-fiscal” policies — has become the new norm.

“Postwar Rent Controls” by Robert L. Scheuttinger and Eamonn F. Butler

Rent-control laws cause housing shortages.

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