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Societies for the History of Economics

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Subject:
Re: Reductio ad absurdum
From:
"Wells, Julian" <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Thu, 17 Sep 2015 14:37:31 +0000
Content-Type:
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James writes:

' the Fed Funds Rate ... varies on a daily or weekly basis.  ....  The word "control" should mean keeping the value at a rate the Fed chooses.'

He must be disappointed in the way his central heating thermostat performs.

Julian

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