The current money regime in the United States and abroad has led to a squandered economic miracle, a global financial crisis, a decade of increasingly severe economic sclerosis, and now the Great Pandemic Inflation that has culminated in the present Great Disinflation.
How would these events have been different if the US had come out of the trauma of its greatest peacetime inflation and its aftermath, which occurred between 1975 and 1993, with a good money regime?
The US political system urgently needs to come to grips with this monetary malaise instead of persevering with the failed 2-percent-inflation standard and its current box of tools. The authors of the just-published A Guide to Good Money (Palgrave, 2022) will talk with Hudson Senior Fellow Harold Furchtgott-Roth about the essence of good money, how this regime differs from the present “moderately bad” money regime, and how to get from bad to good.
Please join Hudson Institute to discuss what has gone wrong with US policy toward Venezuela and how the Biden administration and 118th Congress can reinvigorate efforts to support democracy so that all Venezuelans can have a brighter future.
Join Hudson Institute for a conversation on these issues and more with Ambassador Adela Raz, former ambassador of Afghanistan to the US and visiting fellow at Hudson Institute, and Ambassador Husain Haqqani, former ambassador of Pakistan to the US and director of Hudson Institute’s South and Central Asia program.
When Chinese leader Xi Jinping brokered a rapprochement between Saudi Arabia and Iran, the White House welcomed the news. According to the administration, reduced tensions between the Middle Eastern countries further the president’s long-stated goals and does not represent a significant change in China’s role in the region.
