I was looking at Tim Duy's latest post on monetary policy and asking myself the same question he asks about normalizing the interest rate cycle. Here's what Tim wrote about getting off the zero bound:
"it is perfectly reasonable to believe that the next recession will hit before we lift off the z...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.