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inflation is a monetary phenomenon has been accompanied by the lack of references to money in the conduct of monetary policy … during its most successful period. The disappearance of money from the models used by economists is, however, more apparent … than real, with official interest rates playing the leading role as the instrument of policy, with money in the wings off …
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-- Chapter 6: Money as the Ability and Some Related Issues -- Chapter 7: Money as the Ability and inflation -- Chapter 8: The … universal type or representation. The book explains inflation as the increased need to acquire money, that is the need to employ … refuge crisis. His current research focuses on the economics of money following the post-covid changes to the world economic …
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