What Problems Are Involved in Controlling the Money Supply

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The Answer is Probably the most difficult part is deciding what to control. A strict definition of what constitutes money as it is used has proved to be elusive. We might begin by thinking about coins and notes and then remember that a lot of funds are lying in bank accounts and building society accounts. Many people have the funds they can call on to use as money, so it becomes difficult to define what is to be controlled.

What Problems Are Involved in Controlling the Money Supply

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What Problems Are Involved in Controlling the Money Supply

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