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Books / Digital Text
The Theory of Money and Credit
Part Two: The Value of Money
Chapter 13. Monetary Policy
1. Monetary Policy Defined
2. The Instruments of Monetary Policy
3. Inflationism
4. Restrictionism or Deflationism
5. Invariability of the Objective Exchange-Value of Money as the Aim of Monetary Policy
6. The Limits of Monetary Policy
7. Excursus: The Concepts, Inflation and Deflation