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Accelerating money growth: is M2 telling us something?

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  • John B. Carlson

Abstract

A look at the recent acceleration in M2, examining evidence that its velocity has stabilized around a new trend, analyzing the usefulness of money in monetary policy deliberations, and highlighting some of the pitfalls of ignoring money growth.

Suggested Citation

  • John B. Carlson, 1997. "Accelerating money growth: is M2 telling us something?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Nov.
  • Handle: RePEc:fip:fedcec:y:1997:i:nov
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