EPISODE · Jul 7, 2025 · 10 MIN
The Futility of Price Stability Policies
from Audio Mises Wire · host Mises Institute
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.Original article: https://mises.org/mises-wire/futility-price-stability-policies
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The Futility of Price Stability Policies
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