Tag Archive: Milton Friedman

Balance of Payments Crisis: Did the Fed Cause the Euro Crisis with Excessive Monetary Easing?

Spending Euro Zone vs. US and Japan 2008-2013
The Fed's excessive monetary easing QE2 caused an inflationary period, that created a balance of payments crisis during which the Eurozone members were obliged to introduce excessive austerity measures.

Read More »

Traditional Monetarist vs. Market Monetarists

econschools
Along the double mandate of the federal reserve, monetarists can be divided into. - traditional monetarists that focus on a slow increase of money supply in order to avoid price inflation. - Market monetarists that want to target growth and income instead of inflation.

Read More »