Money, Credit and Price Stability  book cover
1st Edition

Money, Credit and Price Stability

ISBN 9781138010116
Published April 28, 2014 by Routledge

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Book Description

Beginning with the development of credit-money theory in the twentieth century, Paul Dalziel derives a model that explains how interest rates are used by authorities to maintain price stability. His conclusions suggest ways in which the current policy framework can be improved to promote growth, without sacrificing that stability.