M1, M2, M3 and the Rest

Jacques Riboud

Chapter 8 in The Case for a New ECU, 1989, pp 55-85 from Palgrave Macmillan

Abstract: Abstract Some years ago I was in London on business. In the evening, after dinner, I sat down to watch the television. I am well aware of the high quality of the BBC and the lessons that can be learnt from its current affairs programmes. Whenever I go to London I never fail to turn on my television and tune in. I was not disappointed. On the evening in question, the BBC took us on a trip with Mrs Thatcher, one of the trips she makes to the factories, the poor quarters of the big cities (and sometimes the country houses), trips which are perhaps motivated by electoral considerations and which aim to assert (or defend) her popularity, but which, in my opinion, are more frequently motivated by a desire to establish contact with the real world, the world that lies beyond figures and statistics.

Keywords: Interest Rate; Monetary Policy; Money Supply; Money Market; Final Conversion (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09730-2_8

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DOI: 10.1007/978-1-349-09730-2_8

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