Abstract: In the first two post-war decades when Keynesianism dominated official thinking monetary policy was concerned with interest rates and the availability of credit rather than with the supply of money as such. It is only in the last decade that, under the influence of monetarism, governments have gradually turned more attention to the supply of money. Whether the authorities can control the stock of money and, if so, what are the best methods to use have now become crucial policy issues.
Publication Year: 1982
Publication Date: 1982-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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