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monetary theory

   Also found in: Wikipedia 0.01 sec.
See: finance


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In 2003, at a conference honoring Friedman's Free to Choose, Bernanke said, "Friedman's monetary framework has been so influential that, in its broad outlines at least, it has nearly become identical with modern monetary theory and practice.
6 HG220 The five essays in this second part conclude the collection of Austrian-born economist Hayek's (1899-1992) writings on money and monetary theory.
Significantly, the HSBC paper points out that "traditionally, falling bond yields are supportive of gold prices, as they are evidence of loose monetary policies and, according to monetary theory, can lead to an increase in inflationary pressures".
 
 
 
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