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Selgin on real and pseudo monetary policy rules

Posted by
January 4, 2016
in Blog

In a recent post, I discuss the long run benefits of adhering to a monetary policy rule. Not all rules are created equally though. There are good rules and bad rules. George Selgin offers an excellent summary of the issues in his presentation at the Cato Institute’s 33rd Annual Monetary Conference.

 

One Comment

  1. Offshore News January 10, 2016 10:33 PM

    It's sad that only few people understands how the monetary policy rule affect the US economy.
    If the rule will be implemented, people should expect the growth of the economy.