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THE IMPLEMENTATION AND MAINTENANCE OF A MONETARY CONSTITUTION
MONETARY CONSTITUTION inflation rates discretionary monetary policies
2008/12/5
The Inflationary Bias of Government and
Problems of Monetary Constitutions
The present age of discretionary monetary policies, which began
in 1914, has turned out to bean age of permanent inflation...
FROM A RANDOM-WALK MONETARY STANDARD TO A MONETARY CONSTITUTION
RANDOM-WALK MONETARY STANDARD MONETARY CONSTITUTION
2008/12/3
A Random-Walk Monetary Standard
What is meant by a “random-walk monetary standard?” Does it
mean that monetary policy is a random choice? Or that the central
bank acts randomly? Of course not. Cert...
The Absence of a Monetary Constitution
There exists no monetary constitution, as such, in the United
States, What does exists is an institutionally established authority
charged with an ill-defined...
A MONETARY CONSTITUTION FOR EUROPE?
A MONETARY CONSTITUTION FOR EX-COMMUNIST COUNTRIES
MONETARY CONSTITUTION EX-COMMUNIST COUNTRIES monetary stability monetary change
2008/11/22
The importance of monetary stability derives from the significant
independent influence of monetary change on the subsequent
course of economic activity. If money did not matter at all or were
of o...