Adam Posen discusses asset bubbles and their consequences.

January 3, 2011
What did central bankers have to know and then be empowered to do in order to have avoided the housing bubble and economic fallout? Adam Posen is an External Member of the Monetary Policy Committee for the Bank of England, and a Senior Fellow at the Peterson Institute for International Economics. He spoke at the Cato Institute’s Monetary Conference held in November 2010.

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