Date of Publication: 2015-05-11 Monetary Policy and the Independence Dilemma John C. Williams The dilemma of central bank independence has been around a long time. Past attempts to solve it through an operational mandate such as the ... FRBSF Economic Letter, 2 weeks ago
The United States was once on the verge of civil war because of monetary policy. During the Revolutionary War, the United States used IOUs to finance battle supplies. After independence, many people claimed that the IOUs should be dishonored. But ...Korea Joongang Daily, 3 weeks ago
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