To Fight Inflation, Fed Should Centrally Plan Our Spending

To Fight Inflation, Fed Should Centrally Plan Our Spending
(AP Photo/Manuel Balce Ceneta)
"Politics is compromise. Half a loaf is better than no loaf at all. Price stability is the half-loaf of monetary policy rules. It seems foolish to go hungry simply because haute cuisine is unaffordable." ~ Alexander William Salter
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