Sunday, 30 April 2017

Monthly Archives December 2016

Tools of Monetary Policy

Posted by Jerry Jordan
December 13, 2016

For several decades the money we use in everyday life is “fiat currency.”  That is, it is created by central banks and its value is not anchored to anything of intrinsic worth such as gold.  The workings and decision making of central banks is therefore important, and does not need to be a subject of […]

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