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- Widespread fear of the COVID-19 coronavirus has led to market turmoil and uncertainty, and it is important that the Fed responds accordingly.
The monetary policy decisions of the US central bank has potent effects on labor and financial markets, capital accumulation, and business cycles. How should the Federal Reserve manage the US money supply, and what might the effects of its decisions on the US and the world be? See what Mercatus scholars have to say about the present and future of US monetary policy.
There is No Substitute for Monetary Policy