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Does Money Matter? - Review

This article was prepared for the Homer Jones Lecture, Federal Reserve Bank of St. Louis, March 28, 2001. The author addresses the influence of monetarism and the role of money in making monetary policy. The monetarist idea that monetary policy has primary responsibility for inflation is now conventional wisdom.

research.stlouisfed.org/publications/review/2001/09/01/does-money-matter

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