Forget Inflation Targets, Go for Dollar-Price Stability

[24/7 Wall St.]

24/7 Wall St. Daily News

John Tamny of RealClearMarketsRecently, Nashville’s Vanderbilt University staged an economic conference at which past and present heavy hitters in the area of monetary policy participated. Attendees included Federal Reserve Vice Chairman Donald Kohn, and past Fed Chairman Paul Volcker.In a question-and-answer session following Kohn’s presentation, Volcker exclaimed “I don’t get it” in response to Kohn’s [...]

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