Talk:Monetary policy

From Citizendium
Jump to navigation Jump to search
This article is developing and not approved.
Main Article
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Addendum [?]
To learn how to update the categories for this article, see here. To update categories, edit the metadata template.
 Definition The economic policy instrument that is regularly used to stabilise the economy, and that has sometimes been used as a temporary expedient to relieve severe credit shortages. [d] [e]
Checklist and Archives
 Workgroup category economics [Please add or review categories]
 Talk Archive none  English language variant British English
  • I believe that the present draft touches on all of the necessary points, but that it should be expanded to make it more reader-friendly. I hope to return to it after I have laid the groundwork for articles on bubbles and macroprudential financial policy.Nick Gardner 15:23, 30 November 2009 (UTC)

Milton Friedman

Should we include some more depth about Friedman's objections and his prescriptions for monetary policy? If I recall, he advocated an increase in money supply equal to the increase in GDP each year, leaving the only thing capable of causing inflation as velocity, according to MV=PY.

I know I'm probably greatly oversimplifying it, but you get the idea. --Joseph Carpenter 23:40, 10 December 2009 (UTC)

Good point. That paragraph certainly needs to be expanded. I had been working on an expansion of the stub on monetarism (to which you may wish to contribute) with a view to a cross-reference , but I should be grateful if you could draft a brief reference to the points that you make, and insert it in this article. Nick Gardner 15:50, 11 December 2009 (UTC)
No problem; I'll post it tonight. --Joseph Carpenter 16:48, 11 December 2009 (UTC)