Mises Wire
Author:
Brendan Brown
Online Publish Date:
the early 1960s to the 1970s. Sound money did become a political force both in Europe and the US despite the most effective groupings’ advancement of the flawed devaluation of the mid-1980s created the political dynamics towards monetary union which proved fatal to discount margin (DM) monetarism. After the waxing and emperor’s-new-clothes econometrics and expectations inertia. The newly established European Monetary Union followed suit. This all occurred just as nonmonetary