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The Futility of Price Stability Policies

Summary by Mises Institute

Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.

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Mises Institute

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The Futility of Price Stability Policies

Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.

24 hours ago

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Mises Institute broke the news in 24 hours ago on Monday, July 7, 2025.

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