Tuesday, September 21, 2010

One Truth, One Half-Truth, and One Non-Truth

. Tuesday, September 21, 2010

From Felix Salmon:

Which leads me to the conclusion that a lot of what we’re seeing is a lack of genuine independence at the Fed, which became indistinguishable from Treasury during the crisis, and which has yet to break free from Treasury’s grasp.


Can you tell which is which?

(I think this is simple, but if folks are confused I can clarify later.)

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One Truth, One Half-Truth, and One Non-Truth
 
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