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De Omnibus Dubitandum - Lux Veritas

Monday, January 31, 2022

How Can People Protect Themselves from Bad Monetary Policy?

January 26, 2022 by Dan Mitchell @ International Liberty

In the libertarian fantasy world, we would have competing private currencies. In the real world, we have a government central bank.  And central banks have a track record of bad monetary policy, so here’s my two cents on how people can try to protect their household finances.


............I focused on explaining the risks of bad monetary policy, especially the way that central banks (and other government policies) create boom-bust cycles in the economy. If I had more time, I could have talked about additional threats, such as the crackpot idea of “modern monetary theory.”..........To Read More...

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