
Scott Sumner on Monetary Rules, Blooming Late, and the Death of Cinema
Conversations with Tyler
The Rise of Monetary Policy: A Historical Perspective
This chapter explores the historical rise of the Nazi Party and the interplay of public sentiment and expert predictions during the era. It highlights key monetary policy decisions by Franklin Roosevelt, particularly surrounding fiat currency, and contrasts contemporary views with historical apprehensions. The discussion also draws lessons from past monetary crises in Argentina and Germany, illustrating how these experiences shaped modern economic policy and attitudes towards monetary systems.
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