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Explaining dissent on the FOMC vote for Operation Twist (with reference to Jan Mayen Island, Paul Volcker and Thor’s Hammer)

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  • Richard W. Fisher

Abstract

Remarks before the Dallas Assembly, Dallas, Texas, September 27, 2011 ; \"Monetary policy cannot solve the problem of substandard economic performance unless it is complemented by fiscal policy and regulatory reform that encourages the private sector to put to work the affordable and abundant liquidity we are able to create as the nation?s monetary authority.\"

Suggested Citation

  • Richard W. Fisher, 2011. "Explaining dissent on the FOMC vote for Operation Twist (with reference to Jan Mayen Island, Paul Volcker and Thor’s Hammer)," Speeches and Essays 95, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:feddsp:95
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    File URL: http://www.dallasfed.org/news/speeches/fisher/2011/fs110927.cfm
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    Keywords

    Monetary policy; Inflation risk;

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