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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Fed

Nominal GDP, Inflation Target, Monetary Policy, Fed, Dual Mandate
Economic Thought, Inflation & Deflation, News, The Fed & Central Banks

Lars Svensson on NGDP Targeting

George Selgin/October 15, 2019May 16, 2020 /23 Comments

Back in July, I shared here some thoughts concerning the Fed's conference in Chicago that month, which was dedicated to a review of its tools, strategies, and communications. Among other things, I said I was disappointed by the short-shrift given to NGDP targeting by Lars Svensson's paper…

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Fed, IOER, Liquidity, Repos, Standing Repo Facility
Events, Money & Politics, News, The Fed & Central Banks

Reflections on the Repo-Market Imbroglio

George Selgin/October 3, 2019March 3, 2021 /27 Comments

"If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand." (Attributed to Milton Friedman)   While my fellow Fed-watchers have had their eyes firmly glued to the repo-market for several weeks now, I've been preoccupied with…

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Recent Posts

  • The New Deal and Recovery, Part 12: Fear Itself
  • Fiscal Dominance and Fed Complacency
  • Joshua Greenberg on Antebellum Paper Money
  • Lawrence White on Private Gold Mints
  • The Private Mint In Economics: Evidence from American Gold Rushes (CMFA Working Paper No. 003)
  • Ron Paul and our Big, Fat Fed
  • The New Deal and Recovery, Part 11: The Roosevelt Recession, Continued

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today's centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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