Banking and Policy Issues Magazine
September 1994
Top of the Ninth
Where is the inflation?
Gary H. Stern, president, discusses monetary policy and inflation.
“We [the Federal Reserve System] are concerned about inflation, but this
is because history, both here and abroad, demonstrates that economies
do better over an extended period in an environment of low inflation than
in an environment of high inflation.”
Interview with Betty Friedan
“And today it is Friedan who emphasizes economics, not sexual
politics, as the basis for women's continued progress toward equality.
The Region met with Ms. Friedan to talk about women
and economics.”
Are banks dead?
Or, are the reports greatly exaggerated?
A synopsis of a paper prepared by John H. Boyd, senior research
officer at the Federal Reserve Bank of Minneapolis, and Mark Gertler,
professor at New York University.
Book Review
Money Meltdown: Restoring Order to the Global
Currency System
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Annual Report
