RE: Hayek on Milton Friedman
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I think Friedman came around a lot to the gold-standard late in life.
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You are viewing a single comment's thread:
I think Friedman came around a lot to the gold-standard late in life.
yeah he softened on it, especially after he backed away from strict money growth targets. He praised the discipline of a commodity anchor, but but he still stopped short of calling for a full return to a gold standard, definitly leaning more to rules based fiat and even free banking ideas. Does that sit closer to Hayek's currency competition stance?