Automatism or discretion in monetary policy?
It is generally excepted that changes in the money supply exert a profound influence on the economic process. The same goes for the resulting conclusion that the creation of money cannot be left to private initiative. These two propositions pose the questions: (a) what will be the economic effects...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2014-01-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11552 |