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Edward C. Prescott - It is an established scientific...
It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed. (Edward C. Prescott)

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

Edward C. Prescott

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effect employment fact fed formation output policy

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