Monetary Policy and Inequality, Prof. Pablo Duarte ~ Hayek Summer Workshop
World Crypto Network
Duarte applies Hayek's framework: justice depends on impartial rules, not outcome equality. Central banks violate equality before law through QE, bailouts, and OMT by rescuing specific institutions and inflating asset prices. Rather than measuring inequality via Gini coefficients, he examines whether monetary policy rules are impartial. Asymmetric interest-rate cuts and bond-buying systematically
https://relay.towardsliberty.com/36d2fef5caf390477443999a20001bc8bf62b948c10223df2ec5434a018168c4.mp4
World Crypto Network
Duarte applies Hayek's framework: justice depends on impartial rules, not outcome equality. Central banks violate equality before law through QE, bailouts, and OMT by rescuing specific institutions and inflating asset prices. Rather than measuring inequality via Gini coefficients, he examines whether monetary policy rules are impartial. Asymmetric interest-rate cuts and bond-buying systematically
https://relay.towardsliberty.com/36d2fef5caf390477443999a20001bc8bf62b948c10223df2ec5434a018168c4.mp4