You may have noticed that they are quietly abandoning money supply targeting. All those years of learning what the money base was and all the add ons out the window. While not a fan of money supply targeting, not really a fan of monetarism at all, I am still surprised by this move.
You may have noticed that they are quietly abandoning money supply targeting. All those years of learning what the money base was and all the add ons out the window. While not a fan of money supply targeting, not really a fan of monetarism at all, I am still surprised by this move.