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Fixed money growth rules are a good idea
Drawn from what Tyler Cowen said, then moved away from
What Tyler Cowen actually said
- Tyler Cowen Economist at George Mason University
Recalls holdingBefore 1982-1984, and the Swiss experience, I thought fixed money growth rules were a good idea.
Their words nowOne problem (not the only problem) is that the implied interest rate volatility is too high, or exchange rate volatility in the Swiss case.
Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us
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