Scott Sumner on Money, Business Cycles, and Monetary Policy
Podcast: EconTalkPublished On: Mon Mar 25 2013
Description: Scott Sumner of Bentley University and blogger at The Money Illusion talks with EconTalk host Russ Roberts about the basics of money, monetary policy, and the Fed. After a discussion of some of the basics of the money supply, Sumner explains why he thinks monetary policy in the United States during and since the crisis has been inadequate. Sumner stresses the importance of the Fed setting expectations and he argues for the dominance of monetary policy over fiscal policy.
The note was deleted
The note was saved
Your message was sent