Abstract
The Monetarists’ prescription for curing inflation largely, though not exclusively, revolves around the issue of controlling the money supply. In their view if inflation is to be slowed down, then people must be persuaded that prices will not rise as much as originally expected during the ensuing time period. The way in which expectations of price rises can be adjusted downwards works broadly as follows.
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Notes and References
A complete statistical breakdown is contained in D. Kern, National Westminster Bank Review (May 1974) p. 25.
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© 1976 P. J. Curwen
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Curwen, P.J. (1976). The Monetarist Prescription. In: Inflation. Palgrave, London. https://doi.org/10.1007/978-1-349-15647-4_11
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DOI: https://doi.org/10.1007/978-1-349-15647-4_11
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-19241-2
Online ISBN: 978-1-349-15647-4
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