Alternatives to the Fed?
12 Pages Posted: 19 Apr 2013
Date Written: October 19, 2010
There are three main alternatives to the Federal Reserve that need to be discussed. These are the gold standard, private competitive supply of money, and the Yeager-Greenfield plan for an automatically stabilized unit of account. I will attempt to provide some relevant considerations in this article.
Keywords: federal reserve bank, central banking, financial crisis of 2008, U.S. monetary policy, gold standard, free markets, privatization
JEL Classification: E52, E58, E60
Suggested Citation: Suggested Citation