John Vail on Forbes.com*:

The Fed's Tabooed Tool
https://www.forbes.com/sites/johnfvail/2017/07/26/the-feds-tabooed-tool

“Wall Street seems to have long had a hands-off warning to the Fed, which seems to have been very effective, but does this really deserve to be continued? Can Wall Street effectively regulate against speculative bubbles?” — Read more

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