It's long, but it's quite interesting. I don't agree with all of it, but Dr. Paul is an articulate spokesman for our side. I don't really get the "End the Fed" stuff as the number ONE priority, though, I have to admit. There are some fiddles that would improve the way the Fed works (like stop expecting miracles, and credible commitment), sure, but not "end."
Still, this is pretty cool.
Still, this is pretty cool.
2 comments:
I tell my students that, realistically and constitutionally, ending the Fed would put control of monetary policy directly in the hands of Congress. I have not yet had a student who thought giving Congress direct control of monetary policy would improve things.
Mungowitz doesn't agree with ... what?
"all of it"! I wonder why he posted.
Yes, it's long. I didn't watch ... SOME of it.
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