In this episode of The Let People Prosper Show, I interview Dr. Pat Horan, a research fellow at the Mercatus Center, to explore the role of monetary policy and the Federal Reserve in economic activity. We discuss topics like nominal GDP targeting, the Federal Reserve’s pandemic response, and how fiscal discipline complements effective monetary policy. Dr. Horan’s insights draw from his deep understanding of economic history, inspired by figures like Milton Friedman, to highlight the need for a balanced approach to economic policy.

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