Showing 1 - 6 of 6
Reply to "Monetary & Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization".
Persistent link: https://www.econbiz.de/10010727036
Persistent link: https://www.econbiz.de/10010727056
Persistent link: https://www.econbiz.de/10005414997
Persistent link: https://www.econbiz.de/10005415267
Persistent link: https://www.econbiz.de/10005519752
This essay challenges the conventional wisdom about money and monetary policy. The role of money in fostering prosperity is a function of the quality, as well as the quantity, of money. Inflation always harms the performance of an economy. Deflations caused by productivity and innovation can be...
Persistent link: https://www.econbiz.de/10005724910