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Sound fiat central bank managed monetary policy is now libertarianism? Sheesh...
by lr4444lr 3y ago
Sound fiat central bank managed monetary policy is now libertarianism? Sheesh...
- 7thaccount 3y agoI mean I guess he could talk about floating a gold standard, but dollars seems like 1.) Something people already use there and understand, and 2.) The Fed has inflation, but it's far far more stable than what they're used to. So it's a decision of practicality.
- hobs 3y agoHe has no interest in his own central bank, so no, we wouldn't say that's sound central bank monetary policy.
- lr4444lr 3y agoBut he wants to move to a dollar standard? Sounds like a lot of faith in _our_ central bank, even if he doesn't want one in Argentina.