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Gabor Gurbacs on Twitter: "Many tend to forget that the Federal Reserve System is a recent creation (1913). Central banks and governments historically didn't used to centrally control money. Maybe we are
![PDF] Spectrum of Views on Monetary Control Worst Policy Federal Reserve View Fixed Actual Opti mal Monetary Fed Policy Rule Policy Worst Policy Consensus Monetarist View Actual Fed Policy Optimal Policy](https://d3i71xaburhd42.cloudfront.net/6b03be34a3145d4691faae35fc1e0a655f80d76b/3-Figure1-1.png "PDF] Spectrum of Views on Monetary Control Worst Policy Federal Reserve View Fixed Actual Opti mal Monetary Fed Policy Rule Policy Worst Policy Consensus Monetarist View Actual Fed Policy Optimal Policy")
PDF] Spectrum of Views on Monetary Control Worst Policy Federal Reserve View Fixed Actual Opti mal Monetary Fed Policy Rule Policy Worst Policy Consensus Monetarist View Actual Fed Policy Optimal Policy
