The call for “price stabilization” was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to “stabilize prices” is a very bad idea.
Original Article: Why Stabilization Policy is Destabilizing
The call for “price stabilization” was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to “stabilize prices” is a very bad idea.
Original Article: Why Stabilization Policy is Destabilizing
