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61. Gallons of ink have been spilled in academic journals and in newspapers over monetary policy.

62. It was a control on monetary hanky-panky, otherwise known as inflation.

63. The possibility of controlling the monetary base as a means of influencing monetary growth is discussed in section 9.1.

64. The Bundesbank central council will meet Thursday to debate interest-rate and monetary policy.

65. The above figures are also calculated on an International Monetary Fund standard,[www.Sentencedict.com] making them internationally comparable.

66. The reserves are composed of convertible foreign currencies, gold and International Monetary Fund special drawing rights.

67. In reality it was simply a recognition that the government had abandoned any serious attempt to keep monetary growth within targets.

68. At points this chapter steps outside the traditional boundaries of economics, and discusses some psychological problems in making monetary policy.

69. The discipline imparted by monetary targeting may also be important. 5.

70. These problems would intensify following the introduction of a core monetary union.

71. Thus if it is aggregate demand that requires controlling, monetary policy is a poor weapon to do this.

72. Open-market operations should therefore be much more effective in reducing general liquidity than in reducing the monetary base.

73. Government also jumped on the bandwagon, first with wage restraint policies and later with restrictive monetary policies to reduce inflationary pressures.

74. The Bundesbank has warned that monetary union will fail because Maastricht did not go far enough on political union.

75. Problem of an unstable demand Accurate monetary control requires the authorities to be able to predict the demand curve for money.

76. Cuevas also intimated that a monetary settlement might be obtained from Texas in exchange for acknowledging her freedom.

77. Monetary reform initially dawdled along so slowly that the International Monetary Fund has suspended its bail-out funding.

78. Occasionally I meet some one who likes their work but is disappointed with the monetary value put on it.

79. This looks even more unconstitutional - but while the lawyers debate that question, the government could be holding the monetary line.

80. Monetary policy is now geared to the exchange rate, not to domestic demand.

81. There are still matters to be agreed on the monetary union treaty, but in both cases we are making progress.

82. It was thought that skillful monetary and fiscal intervention could rescue the economy.

83. It handles similar subjects to his - monetary policy, delicate decisions affecting the money markets.

84. It is not surprising, then, that banks play an absolutely crucial role in the monetary system.

85. Professor Budd's remarks echo a widespread belief in the City that the Government needs to develop a credible monetary strategy.

86. There exists sufficient political will as to inspire confidence that the Community will proceed towards complete monetary integration.

87. They are intimately connected, for as this chapter will show, acceptance of monetary union implies defacto acceptance of political union.

88. There would be monetary compensation for the loss of the flat.

89. The administration lag should not be as long for monetary policy since formal Parliamentary approval is not required.

90. But this experiment has relaunched the debate over which monetary and exchange system can best cope with international financial instability.