The impact of monetary policy on agriculture

William Poole

American Bankers Association, 2000, vol. 13, issue 3

Abstract: The topic of the impact of monetary policy on agriculture is an old one, and one that is subject to a lot of misinformation. The fundamental forces shaping agricultural prices and output are a consequence of nonmonetary forces. The main message is that trying to change these outcomes through monetary policy is an invitation to messing up monetary policy without fixing problems in agriculture. Messing up monetary policy will only make agricultural conditions more difficult.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2000
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