Abstract
The explanation of fuge rumores helps to explain some of Donato Menichella’s1 rules of conduct … The Governor of the Bank of Italy, with the agreement or cooperation of the Minister of the Treasury, can use two effective weapons to control the lira, the exchanges, the country’s industrial and commercial activity: they are changes in the discount rate and changes in the percentage of deposits commercial banks have to hold with the central bank.
First published as ‘Rumore’, Corriere della Sera, year 85, No. 235 (1 October 1960), p.1.
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© 2006 Ente Luigi Einaudi
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Einaudi, L., Faucci, R., Marchionatti, R. (2006). Noise. In: Einaudi, L., Faucci, R., Marchionatti, R. (eds) Luigi Einaudi. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522978_14
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DOI: https://doi.org/10.1057/9780230522978_14
Publisher Name: Palgrave Macmillan, London
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