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date: 24 February 2024

money supply (monetary stock) 

Source:
A Dictionary of Business and Management
Author(s):

Jonathan Law

The quantity of money issued by a country's monetary authorities (usually the central bank). If the demand for money is stable, the widely accepted quantity theory of money implies that increases in the money supply will lead directly to an increase in the price level, i.e. to inflation. Since the 1970s most Western governments have attempted to reduce inflation by controlling the money supply. This raises two issues:... ...

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