Monday, June 4, 2012

Evan Soltas on what could have been

Great post on active monetary policy in Israel (HT - Scott Sumner).

More tomorrow.


  1. Not to poison the well.

    But with the Bank of Israel's history of poorly controlling severe hyperinflation, which reached 370% p.a. in the 1980s, it's not exactly the paragon of intelligent monetary policy.

  2. Daniel, while I agree that this is a great post, what does "HT" stand for?


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