How did Friedman and Schwartz persuade us?
This is ambitious post. Quite frequently people ask me to provide data supporting my hypothesis that the Fed (and ECB and BOJ) caused the crash of 2008. Whenever I get that question I always have a sinking feeling, a feeling that people don’t really understand what I am driving at. In the first part of … Continue reading How did Friedman and Schwartz persuade us?
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