" it is simply good governance and wise economic policy
to maintain a healthy separation between those responsible for tax and spending policy
and those responsible for money creation"
how to prevent a job class monetary policy
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my nominee for fed chair
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"First, the central bank can be given a narrow mandate, such as price stability."
"Second, the central bank can be restricted as to the type of assets it can hold on its balance sheet. ".
"Third, the central bank can conduct its monetary policy in a more systematic or rule-like manner, which limits the scope for discretionary actions "
