A passel of bigwig economists has signed a petition urging Congress and the executive branch “to reaffirm their support for and defend the independence of the Federal Reserve System as a foundation of U.S. economic stability.” In support of this defense of the Fed against those now challenging the secrecy of its undertakings and,...
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Tags: Chicago School of economics, Economics, Federal Reserve, Federal Reserve System, Federal Reserve Transparency Act, Goldman Sachs, House of Representatives, HR 1207, Inflation, Keynesian economics, macroeconomics, monetarism, Money and Banking, Morgan Stanley, Politics, Ron Paul, S 604, The State