Most of the discussions of fiscal and monetary policy seem to forget that in most models, these are temporary fixes.
The Sulzberger family had to give up most of the dividends that made up their annual monetary take-away.
“The monetary arrow is very effective,” says Nariman Behravesh, chief economist at IHS.
The monetary expansion has been like a shot of adrenaline, or caffeine.
“Eurozone Deal Leaves Britain Isolated” trumpets the Financial Times, for many years an ardent proponent of monetary union.
There is a vast difference between a standard of value and a currency for monetary use.
The monetary explanation of the romance, he found, was the popular one in the village.
His discussion is a permanent contribution to monetary science of very great value.
The livre was the old French monetary unit which was displaced by the franc.
The monetary standard is gold, the gold condor of ten sucres being equivalent to a sovereign.