German parliament passes the Stability and Growth Act

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• Princes of the Yen whole source · open book

  In 1967, ten years after the founding of the Bundesbank, the parliament passed the Stability and Growth Act, which clearly set out the objectives of its policy as “price stability, a high level of employment, external equilibrium, steady and adequate economic growth.”

  chapter: 19. The Revival of the Reichsbank

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• Richard Werner author of the source

Appears in 3 stories

• Paper money, central banks, and credit creation step 25
• Princes of the Yen: Japan built, bubbled, and broken step 115
• Reichsbank: independence, hyperinflation, and Hitler step 23

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