Journal Article
Accelerating money growth: is M2 telling us something?
Abstract: A look at the recent acceleration in M2, examining evidence that its velocity has stabilized around a new trend, analyzing the usefulness of money in monetary policy deliberations, and highlighting some of the pitfalls of ignoring money growth.
Keywords: Monetary policy; Money supply; Velocity of money;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1997
Issue: Nov
Order Number: 1