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- Title
IS A BENIGN DOLLAR POLICY WISE?
- Authors
Poole, William
- Abstract
In this article, the author considers the United States' dollar policy and whether or not it is wise. The author believes that the U.S. practices what it believes to be a benign dollar policy because it does nothing to attempt to affect the value of the dollar on foreign exchanges without other reasons. The author presents graphs and historical economic information that pertain to the value of the U.S. dollar. The author suggests that the U.S. Federal Reserve Board should concentrate on keeping inflation low so that sustained and stable employment can be achieved.
- Subjects
UNITED States; MONETARY policy; EFFECT of monetary policy on unemployment; INFLATION targeting; FEDERAL Reserve monetary policy; ANTI-inflationary policies; UNITED States. Federal Reserve Board
- Publication
CATO Journal, 2010, Vol 30, Issue 2, p373
- ISSN
0273-3072
- Publication type
Article