In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation by controlling the quantity of money.
Romina Boccia and Dominik Lett
If you are congressional staff and you haven’t registered yet: Tomorrow, May 3, from noon to 1:15 P.M. EST, I will be joined by select fiscal experts for lunch and a deep dive into emergency spending. We will discuss how the abuse of emergency