Mises Daily
Author:
Anthony Wile
Joseph T. Salerno
Online Publish Date:
essay challenges Timberlake’s claims that the Fed pursued a deflationary monetary policy throughout the 1930s and that this policy was responsible for prolonging the his fame as the monetary “Maestro,” as a clueless and dangerous inflationist whose policies were driving the US economy toward an economic disaster. DB: Where can your of students and lay readers, Sennholz was also an accomplished scholar and innovative thinker who made important contributions to economic science and the