Cato Cage Match: Monetary vs. Fiscal Policy
Cato Podcast
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Navigating Fiscal and Monetary Challenges
This chapter examines the urgent state of U.S. fiscal and monetary policies, focusing on the complexities of reforming Social Security and Medicare amid rising national debt. It highlights the Federal Reserve's evolving role and the dangers of political influence on monetary decisions, while advocating for rules-based frameworks to ensure economic stability. The discussion also addresses the implications of fiscal initiatives and the impracticality of reverting to systems like the gold standard, emphasizing the need for thoughtful monetary strategies.
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