There’s talk these days about subjecting the Federal Reserve System to certain rules in order to make monetary policy less erratic and opqaue, and to remove much of the discretion that the Fed has enjoyed over the years. Should we get behind this kind of plan, or are there pitfalls?
About the Guest
Tho Bishop directs the Mises Institute‘s social media marketing, and is former Director of Communications for the House Financial Services Committee.
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Articles Discussed
“The Fed Needs Competition, Not Rules”
“Here’s the Problem with Rules-Based Monetary Policy”
Guest’s Twitter
Episodes Mentioned
Ep. 361 Against Market Monetarism and NGDP Targeting (Joe Salerno)
Ep. 247 Could the ‘Taylor Rule’ Have Prevented the Housing Bubble? (Mateusz Machaj)
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