How Is Interest Rate Used to Control the Value of Money
at 10:11
According to Milton Freedman, the Central Bank uses short-term interest to control the value of money by controlling how much trading of securities and bonds can happen on the open market.
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On this episode
- What Causes Inflation Transcript
- How Is Interest Rate Used to Control the Value of Money Transcript
- When Did New Zealand Start Targeting Inflation? Transcript
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