The Washington Post

The Fed is printing money to buy mortgage backed securities. But it's not the first time the central bank has found itself owning a curious set of assets.

When redevelopment projects take decades, they can be held back by the outmoded ideas of the federal planners who were involved at the outset.

More educated places tend to be richer ones. And D.C. is both very educated and quite rich compared to the rest of the country.

  • Dylan Matthews
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  • Oct 10, 2012
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