Comment on Former Fed official says nation needs to remember lessons of last economic crisis

Former Fed official says nation needs to remember lessons of last economic crisis

Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, took heat for arguing against easy monetary policy during the economic recovery that followed the financial crisis of 2008. “I voted against the consensus several times and was not appreciated for it. It was not fun at all. It was gut-wrenching.

 

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