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Empirical evidence shows that federal budget deficits have historically tended to increase stock market prices. Because …
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Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia. The Philadelphia Fed Policy Forum: “Budgets on the Brink: Perspectives on Debt and Monetary Policy.” December 2, 2011>
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Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia. The Philadelphia Fed Policy Forum: “Budgets on the Brink: Perspectives on Debt and Monetary Policy.” December 2, 2011>
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Figuring out how to equalize the tax burden across generations is easy. Deciding who's going to pay for it is the hard part.
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