Talk:Monetary policy: Difference between revisions
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imported>Nick Gardner (New page: {{subpages}}) |
imported>Joseph Carpenter |
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*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.[[User:Nick Gardner|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. --[[User:Joseph Carpenter|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. [[User:Nick Gardner|Nick Gardner]] 15:50, 11 December 2009 (UTC) | |||
::No problem; I'll post it tonight. --[[User:Joseph Carpenter|Joseph Carpenter]] 16:48, 11 December 2009 (UTC) | |||
Latest revision as of 10:48, 11 December 2009
- 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)