Hints and tips:
...It’s not going to be debt holders, which are the Fed and the Federal Home Loan Bank of San Francisco. They are secured creditors who hold collateral against their loans....
...Joseph Simons, the chairman of the Federal Trade Commission, has pledged “vigorous” antitrust enforcement, including hearings later this year on competition and consumer protection....
...Among them are Cleveland’s Loretta Mester and John Williams of San Francisco, giving the committee a hawkish hue....
...Williams et al say specifically that there is no sign that R* is beginning to rise....
...On the flip side, one study (Chen et al., 2011) concluded that the inflationary consequences of QE1 and QE2 were less than 50bps....
...Still, even the most dovish Fed officials are troubled by signs that the market is concerned about deficits and inflation, which Janet Yellen, San Francisco Fed president, recently described as “disconcerting...
...Writing in the San Francisco Chronicle last week, he said that “in California, we’re not waiting for Washington to act....
...Born in San Francisco in 1938, Mr Breyer’s mother was active in local Democratic politics, whilst his father worked as a legal counsel for the San Francisco Board of Education....
...al v....
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