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research institution devoted to the study of international economic policy. More › ›
- Op-ed: North Korea's Failed Currency Reform
- Interview: China vs. the Rest of the World?
- RealTime: Evaluating Copenhagen: Does the Accord Meet the Challenge?
- Policy Brief 10-3: Confronting Asset Bubbles, Too Big to Fail, and Beggar-thy-Neighbor Exchange Rate Policies
- Interview: Did Obama 'Snub' the European Union?
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Incremental Steps Toward a Radical Solution
December 16, 2008
Simon Johnson observes that the Federal Reserve's policy of "quantitative easing" of monetary policy is a necessary step to combat deflation and rescue the economy.
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