I just came across this excellent interview with George Selgin on Free Banking. I find it hard to disagree with George on this issue.
All posts for the day October 20th, 2012
Selgin interview on Free Banking
Posted by Lars Christensen on October 20, 2012
https://marketmonetarist.com/2012/10/20/selgin-interview-on-free-banking/
The Market Monetarist- Re-visited: Firefighter Arsonists – the myth of the central bankers as ‘good’ crisis managers
- US monetary policy has become too TIGHT – the Fed risks significantly UNDERSHOOTING it’s 2% inflation target
- ChatGPT, Python, FRED and some NGDP gaps
- Re-visiting R*: Close to the end of the hiking cycle for the Fed
- US inflation set to fall sharply in the coming quarters
- Recession or not? Answering a question the Fed should not care about
- Milton Friedman commented on Powell’s Fed in 1978
- Carl Bildt is puzzled – he should read an economics textbook
- US domestic spending – a closer look at the 2021-22 data
- A simple model for inflation that Jerome Powell should understand
The Market Monetarist 