Great post on active monetary policy in Israel (HT - Scott Sumner).
More tomorrow.
Monday, June 4, 2012
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Daniel Kuehn is a doctoral candidate and adjunct professor in the Economics Department at American University. He has a master's degree in public policy from George Washington University.
Not to poison the well.
ReplyDeleteBut 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.
Daniel, while I agree that this is a great post, what does "HT" stand for?
ReplyDelete'Hat Tip' - I got it via this person
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