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1992 | OriginalPaper | Buchkapitel

The Quality of Debt

verfasst von : Charles P. Kindleberger

Erschienen in: Profits, Deficits and Instability

Verlag: Palgrave Macmillan UK

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Much of macroeconomic analysis, outside of fiscal policy, runs in terms of the quantity of money. Velocity is assumed to be constant, or to vary only within narrow limits. Control the money supply, the monetarists claim, and you control national income, more or less, but at any rate within a comfortable range.

Metadaten
Titel
The Quality of Debt
verfasst von
Charles P. Kindleberger
Copyright-Jahr
1992
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-11786-4_10