"Proceedings from the 2022 Hoover Institution monetary policy conference examine recent inflation in the wake of fiscal and other shocks and measures by the Federal Reserve intended to counter inflation."

Front Cover -- Book Title -- Contents -- List of Figures and Tables -- Preface -- Acknowledgments -- Introduction -- I. Our Coming Tsunami -- II. Facing Up to the Elephants in the Room: Medicare and Medicaid -- III. Cutting Through the Social Security Fog -- IV. There Is No Time Left to Punt...

The imbalance between China's currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China's exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that...