Central banks abandon monetary targets

Citations (1)

• Princes of the Yen whole source · open book

  By the mid-1980s, both the Bank of England and the U.S. Federal Reserve had announced that they had lost faith in the M1, M2, or M3 type of money-supply measures and were abandoning monetary targets altogether.

  chapter: 4. The Alchemy of Banking

  edit

  remove

People

• Richard Werner author of the source

Appears in 2 stories

• Paper money, central banks, and credit creation step 29
• Princes of the Yen: Japan built, bubbled, and broken step 146

Linked events (0)

Details