Monetary policy is critical, because the wrong money supply can severely alter the economy even if the fiscal (tax and spending) policies are ideally suited to economic growth.
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reportWhy Congress Should Institute Rules-Based Monetary Policy Norbert J. Michel, Ph.D.
Feb 11, 2015 12 min read
reportQuantitative Easing, The Fed’s Balance Sheet, and Central Bank Insolvency Norbert J. Michel, Ph.D.
Aug 14, 2014 16 min read
reportResearch Review: Zero Lower Bound Interest Rates
May 8, 2013 6 min read
reportBernanke’s QE3: Ironically, a Policy Predicated on Irrational Behavior
Sep 20, 2012 4 min read
reportWill the Fed Nix Inflation in Time?
Mar 2, 2010 26 min read
reportObama's Deficits Put U.S. Credit Rating at Risk
Jun 1, 2009 4 min read