traditional monetarist devices Traditional means of controlling inflation have to be used carefully as they can have unintended consequences Interest rate increases negatively impact stock markets At...

traditional monetarist devices

Traditional means of controlling inflation have to be used

carefully as they can have unintended consequences Interest rate increases

negatively impact stock markets At the same time, inflation must be kept

within target limits, three per cent or less

Can alternatives to traditional monetarist devices be

identified in modern economies?

If they exist, what impact can they be expected to have?