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Must-have Stabilizing The Dollar. A Plan To Stabilize The General Price Level Without Fixing Individual Prices. Gadget [yvqf8MR6]
The first of Fisher’s three works devoted to projects for monetary reform. The other titles, published over ten years later are Stamp Scrip and 100% Money (both 1933). “Stabilizing the Dollar contained an ingenious scheme for stabilising the purchasi
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The first of Fisher’s three works devoted to projects for monetary reform. The other titles, published over ten years later are Stamp Scrip and 100% Money (both 1933). “Stabilizing the Dollar contained an ingenious scheme for stabilising the purchasing power of money under a convertible gold standard by varying the official price of gold inversely with an index of prices, a system which could be adopted by one country combined with a flexible exchange rate for its currency or by all countries operating with fixed exchange rates” (Blaug).
Fisher M-620.
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