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picture1_Milton Friedman Pdf 127697 | 1 17 Item Download 2022-10-13 09-22-02


picture2_Milton Friedman Pdf 127697 | 1 17 Item Download 2022-10-13 09-22-02 picture3_Milton Friedman Pdf 127697 | 1 17 Item Download 2022-10-13 09-22-02

 103x       Filetype PDF       File size 0.83 MB       Source: www.aeaweb.org


File: Milton Friedman Pdf 127697 | 1 17 Item Download 2022-10-13 09-22-02
The American Economic Review Volume LVIII MARCH 1968 Number 1 THE ROLE OF MONETARY POLICY* MILTON FRIEDMAN** By There is wide agreement about the major goals of economic high employment ...

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...The american economic review volume lviii march number role of monetary policy milton friedman by there is wide agreement about major goals high employment stable prices and rapid growth less agree ment that these are mutually compatible or among those who re gard them as incompatible terms at which they can should be substituted for one another least various instruments play in achieving several my topic tonight such instrument what it contribute how conducted con tribute to most opinion on questions has fluctuated first flush widely enthusiasm newly created federal reserve system many observers attributed relative stability s fine capacity tuning an apply modern apt term came believed a new era had arrived busi ness cycles been rendered obsolete advances tech nology this was shared economist layman alike though course were some dissonant voices great traction destroyed naive attitude other ex treme swung string you could infla pull stop tion but not push halt recession lead horse wat...
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