"While legal issues involving copyright law are always complex, we believe the project is wholly consistent with the core principle of copyright law, " says James Hilton, the head librarian at the University of Michigan.
Remaining consistent with this principle, Brian argues that when the Fed Funds rate (the rate set by the Fed) is lower than the nominal growth rate, the Fed is inflationary, and when the Fed Funds rate is higher than the nominal rate, the Fed is deflationary.