SHOE Archives

Societies for the History of Economics

SHOE@YORKU.CA
Options: Use Forum View

Use Monospaced Font
Show Text Part by Default
Show All Mail Headers

Message: [<< First] [< Prev] [Next >] [Last >>]
Topic: [<< First] [< Prev] [Next >] [Last >>]
Author: [<< First] [< Prev] [Next >] [Last >>]

Print Reply
Subject:
Re: SHOE: QUERY--Monetarism and Velocity
From:
Duncan Foley <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Wed, 18 Nov 2009 15:47:34 -0500
Content-Type:
text/plain
Parts/Attachments:
text/plain (7 lines) 
It seems to me it is precisely when it comes to monetary policy that
it is very dangerous to think of velocity as constant. Take a look at
the evolution of M1 or M2 and of national income in the U.S. over the
last two years.

Duncan Foley

ATOM RSS1 RSS2