​All about market monetarism with Scott Sumner & David Beckworth

Citigroup's capital plan failed the annual stress test run by the Federal Reserve. Erin takes a look. Professors Scott Sumner and David Beckworth give a market monetarist perspective on Fed policy, macroeconomics and monetary policy. For today's Big Deal, Edward Harrison and Erin talk about China's credit crisis and discuss how a hard rain's a-gonna fall.

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