Abolish It or Not, Innovation Drives the Fed Toward Irrelevance

Abolish It or Not, Innovation Drives the Fed Toward Irrelevance
AP Photo/Alex Brandon

Wouldn't the world fall apart? Not at all. I predict that the news would be front page for the usual 48-hour news cycle and then the world would move on. No big deal. There is no downside. And a huge upside. All it requires is some political courage.

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