Positive Suggestions for the Future Regulation of Money (1923)

John Maynard Keynes

Chapter 3 in Essays in Persuasion, 2010, pp 183-187 from Palgrave Macmillan

Abstract: Abstract A sound constructive scheme must provide: I. A method for regulating the supply of currency and credit with a view to maintaining, so far as possible, the stability of the internal price level; and II. A method for regulating the supply of foreign exchange so as to avoid purely temporary fluctuations caused by seasonal or other influences and not due to a lasting disturbance in the relation between the internal and the external price level.

Date: 2010
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DOI: 10.1007/978-1-349-59072-8_15

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