Jonathan Bernstein, Columnist

How Republicans Would Really Run the Fed

The fear of inflation is probably just a reflex to disagree with Obama.

Less is more?

Photographer: Brendan Smialowski/AFP/Getty Images
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What will Republicans do about monetary policy if they win the presidency?

Answer: We really don’t know. This isn’t like taxes and the budget, where they have a clear position and a history of following through.