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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Richard Alford: Fed Hasn't Learned From the Crisis | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="KA1bslIRIP"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/richard-alford-fed-hasnt-learned-from-the-crisis.html"&gt;Richard Alford: Fed Hasn&#x2019;t Learned From the Crisis&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/richard-alford-fed-hasnt-learned-from-the-crisis.html/embed#?secret=KA1bslIRIP" width="600" height="338" title="&#x201C;Richard Alford: Fed Hasn&#x2019;t Learned From the Crisis&#x201D; &#x2014; naked capitalism" data-secret="KA1bslIRIP" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Richard Alford, a former economist at the New York Fed. Since then, he has worked in the financial industry as a trading floor economist and strategist on both the sell side and the buy side. Even prior to the financial crisis of 2007, economists and policymakers actively debated whether central banks should use interest [&hellip;]</description></oembed>

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