Post-accord monetary developments in the United States

As the official System position at the time of the Accord, the “new theory of credit control” served as a justification for the Federal Reserve’s desire to abandon once-and-for-all the wartime pattern of rigidity pegged interest rates. Now that sufficient time has passed and the Federal Reserve has...

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Bibliographic Details
Main Author: J.H. KAREKEN
Format: Article
Language:English
Published: Associazione Economia civile 2014-03-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11952