Short-run monetary nonneutrality: An increase in the stock of money has temporary effects ... But monetarism’s ascendance was brief. The money supply is useful as a policy target only if the ...

Leah Downey argues that monetary policy is so powerful and meaningful to people’s everyday lives that a healthy democracy must allow the people to have more say in it than they currently do.

An intriguing debate has emerged in both economic and financial market circles regarding the potential inflationary impact of the Trump policy ... the relationship between money supply growth ...