4.17.2018

The Fed's Quadruple Mandate

The Fed's Quadruple Mandate:

1) price stability
2) full employment
3) facilitating large deficits by suppressing interest rates and/or monetizing debt
4) supporting asset prices

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Democrats plan to repeal state and local tax (SALT) deduction limits

Democrats are talking about repealing the SALT limits. What nobody's talking about is that SALT is largely irrelevant to the middle clas...