Federal Reserve Chair Kevin Warsh has publicly embraced key monetarist principles, marking a significant departure from his predecessor’s approach and reigniting a decades-old debate about the role of money in economic policy.
Federal Reserve Chair Kevin Warsh has publicly embraced key monetarist principles, marking a significant departure from his predecessor’s approach and reigniting a decades-old debate about the role of money in economic policy.
Monetarism flopped under Volcker. Warsh just repackages the corpse.