And almost all modern economic models, including those used by the Fed, are based on the monetarist theory of interest rates pioneered by Milton Friedman in his 1967 presidential address to the American Economic Association.
E quase todos os modelos económicos modernos, incluindo aqueles usados pela Fed, baseiam-se na teoria monetarista das taxas de juro explorada por Milton Friedman no seu discurso presidencial, em 1967, na Associação Americana de Economia.