Thomas Laubach Book order

Gott schuf den Menschen als Mann und Frau und ...?. Seit einiger Zeit wird in Kirche und Gesellschaft um einen angemesse

Exploring the evolution of monetary policy, the book focuses on inflation targeting as a modern strategy for fostering economic health. It contrasts traditional methods like money supply control with the innovative approach of publicly setting inflation goals. Through theoretical insights and empirical case studies from countries that have implemented this strategy, the authors demonstrate its advantages over conventional policies. They advocate for the U.S. Federal Reserve and the European Central Bank to adopt inflation targeting, offering concrete proposals for its implementation.