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Archive of posts published in the tag: Paul Volcker

The Dirty Float

from the Wall Street Journal, Judy Shelton in Trump’s Contribution to Sound Money The source of trade anxiety is a broken global monetary system that distorts price signals with sharp currency moves. No serious economist would claim today that the

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We Can Not Afford to Get it Only Half Right

The potential fallacy of the budget reformers is to focus ONLY on the reduction in government and government spending.  Having a smaller government is desirable and productive. Getting to that point, however, can be very painful and not addressing the

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