Why Stabilization Policy is Destabilizing

Tags: The Fed, Inflation, Monetary Policy, U.S. Economy

09/28/2023 Jonathan Newman

The call for “price stabilization” was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to “stabilize prices” is a very bad idea.

Original Article: Why Stabilization Policy is Destabilizing

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.