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In a meeting http://newdaypost.com/sussman-mortgage-funding-inc-fcbd.pdf#boldly sussman mortgage funding inc
He doesn't like monetary rules, specifically John B. Taylor's or Milton Friedman's. "[I]nstitutions do the work of rules, and monetary rules should be avoided…. Unless it can be demonstrated that the political institutional route to low inflation--to commitment that preserves the discretion to deal with unexpected contingencies and multiple equilibria--is undesirable or cannot work, I don't see any case at all for monetary rules."
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