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3min chapter
Interview: George Selgin (The Secret Method Banks Use To Create Money)
Rebel Capitalist News
The Intricacies of Interest Rates and Monetary Policy
This chapter examines how the Federal Reserve successfully reduced interest rates from 1980 to 2007, focusing on the relationship between inflation expectations and monetary policy. It highlights the crucial role of early tightening measures in managing inflation and facilitating the decline in interest rates.
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