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.
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References
D. Gowland, Controlling the Money Supply (London: Croom Helm, 1982).
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© 1982 Rosalind Levačić and Alexander Rebmann
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Levačić, R., Rebmann, A. (1982). The Money Supply. In: Macroeconomics. Palgrave, London. https://doi.org/10.1007/978-1-349-86044-9_9
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DOI: https://doi.org/10.1007/978-1-349-86044-9_9
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-34145-2
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