Unfortunately, monetary policymakers’ effort to operationalize the objective of ensuring that the value of money remains stable has taken on a life of its own. Today’s economics textbooks assume that a primary objective of central banks is to stabilize consumer prices, rather than the value of money.
不幸的是，货币决策者将确保货币价值的目标可操作化的措施仍然大行其道。今天的经济学教科书假设中央银行的主要目标是稳定消费物价，而不是货币价值。