2008•Journal of Shanxi Finance and Economics UniversityRequires access

Intermediate Objective of Currency Policy——Discussion from Currency Supply to Other Objective

Sheng Jun-feng

Abstract

Currency supply M2 is being challenged as intermediate objective of currency policy,and through analysis,the paper has found that there is obvious relation among M2 growth rate and economic growth and consumption price shift.But the paper also puts forward some suggestion to the related topic.

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Key concepts: Currency, Economics, Monetary economics, Consumption (sociology), Devaluation, Reserve currency, Foreign exchange risk, Relation (database)