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Will Take Expected Inflation Into Account Partly Because It Has Impact on Actual Inflation
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No Central Banker Would Ever Say They Don’t Worry About Risks Like Inflation
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Haven’t Heard Anything That Suggests We Ought to Change Fed’s Balance Sheet
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Fed Has Well-Defined Task, Continues to Operate Independent of Political Cycle
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Fed’s Independence Extremely Important When Politics Is Disturbed
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If We Don’t Fix Wall Street, Unclear if We Will Have Solved ‘Too Big to Fail’ Problem
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Crisis Caused by ‘Bad Behavior, Bad Strategy’ in Financial Sector
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Without Fed, 2008 Crisis ‘Could Have Been Very Much Worse’
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