Wednesday, December 12, 2007

New Fed Plan

Just saw a press release from the Fed on a new plan. Lots of flurry online as people discuss it (here, here, and here for starters). I'm printing it out now, and if I can make sense of it, I'll try to put it into terms I can understand and make a post. As an applied micro-economist who teaches principles of macroeconomics, I figure I should be able to understand this, right?

Update: I printed it out, went into the office with the printer, heard the pages printing, and then walked out without them. Score another one for my 2 out of 100 on conscientiousness.

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