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MONEY FROM l88l TO I966
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A. A. Walters analysis argued Arthur Seldon autonomous expenditure bank deposits budgetary policy Cambridge cash balances cent increase Charles Goodhart Chart coefficient consol rate controlling the quantity definition demand for money deposit account economy to changes employment evidence gilt-edged hire-purchase Hobart Paper 39 inflation INSTITUTE OF ECONOMIC inter-war investment Keynes Keynesian model level of prices liquid assets liquidity preference liquidity trap Lord Radcliffe medium of exchange Milton Friedman monetary economists monetary multipliers monetary policy monetary squeeze money incomes Money Multipliers money stock money supply near-money negative nominal interest rate observe period Peter Thorneycroft portfolio post-war predict production index quantity of money quantity theory Radcliffe rate of interest ratio real income reduce stability statistics stock of money store of value theory of money transactions demand trend value of transactions variables variation velocity of circulation Victor Morgan wish to hold yield on consols