Fed Chairman Greenspan offered a new paradigm for monetary policy. Tossing aside irrelevantly-behaved monetary aggregates. Greenspan now steers by the sextant
The Fed’s New Policy
![The Fed's New Policy](https://emadzikry.com/wp-content/uploads/2023/09/download-3.jpg)
Fed Chairman Greenspan offered a new paradigm for monetary policy. Tossing aside irrelevantly-behaved monetary aggregates. Greenspan now steers by the sextant