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	<id>https://wiki.freecapitalists.org/index.php?action=history&amp;feed=atom&amp;title=Monetary_policy</id>
	<title>Monetary policy - Revision history</title>
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	<updated>2026-08-16T11:09:47Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=25508&amp;oldid=prev</id>
		<title>ArchiveBot: Repoint 2 dead mises.org links to the archived original (automated; see Austrian Economics Wiki:Link repointing)</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=25508&amp;oldid=prev"/>
		<updated>2026-08-16T04:22:30Z</updated>

		<summary type="html">&lt;p&gt;Repoint 2 dead mises.org links to the archived original (automated; see &lt;a href=&quot;/wiki/Austrian_Economics_Wiki:Link_repointing&quot; title=&quot;Austrian Economics Wiki:Link repointing&quot;&gt;Austrian Economics Wiki:Link repointing&lt;/a&gt;)&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 04:22, 16 August 2026&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
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&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy includes actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], presuppose that changes in the money supply can result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;http&lt;/del&gt;://&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mises&lt;/del&gt;.org/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;resources&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;617 &lt;/del&gt;&quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;http&lt;/del&gt;://&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;mises&lt;/del&gt;.org/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;resources&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;1082 &lt;/del&gt;&quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy includes actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], presuppose that changes in the money supply can result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;https&lt;/ins&gt;://&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;freecapitalists&lt;/ins&gt;.org/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;books/what-has-government-done-to-our-money&lt;/ins&gt;/ &quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;https&lt;/ins&gt;://&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;freecapitalists&lt;/ins&gt;.org/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;books/man-economy-and-state-with-power-and-market&lt;/ins&gt;/ &quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
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		<author><name>ArchiveBot</name></author>
	</entry>
	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18384&amp;oldid=prev</id>
		<title>Pestergaines: Typo.</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18384&amp;oldid=prev"/>
		<updated>2011-11-28T11:12:08Z</updated>

		<summary type="html">&lt;p&gt;Typo.&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 11:12, 28 November 2011&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;inculdes &lt;/del&gt;actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;pressupose &lt;/del&gt;that changes in the money supply can result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/617 &quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/1082 &quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;includes &lt;/ins&gt;actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;presuppose &lt;/ins&gt;that changes in the money supply can result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/617 &quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/1082 &quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
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		<author><name>Pestergaines</name></author>
	</entry>
	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18383&amp;oldid=prev</id>
		<title>Matthew at 21:42, 23 November 2011</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18383&amp;oldid=prev"/>
		<updated>2011-11-23T21:42:06Z</updated>

		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 21:42, 23 November 2011&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l1&quot;&gt;Line 1:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy inculdes actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], pressupose that changes in the money supply &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;will &lt;/del&gt;result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/617 &quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/1082 &quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&#039;&#039;&#039;Monetary policy&#039;&#039;&#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&quot;Monetary_policy&quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &quot;The Concise Encyclopedia of Economics: Monetary Policy&quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy inculdes actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], pressupose that changes in the money supply &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;can &lt;/ins&gt;result in positive changes in economic growth or employment.&amp;lt;ref name=&quot;Monetary_policy&quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/617 &quot;What Has Government Done to Our Money?&quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/1082 &quot;Man, Economy, and State&quot;], 2009, page 859.&amp;lt;/ref&amp;gt;  &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
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		<author><name>Matthew</name></author>
	</entry>
	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18382&amp;oldid=prev</id>
		<title>Matthew: created initial page</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Monetary_policy&amp;diff=18382&amp;oldid=prev"/>
		<updated>2011-11-23T18:35:01Z</updated>

		<summary type="html">&lt;p&gt;created initial page&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;&amp;#039;&amp;#039;&amp;#039;Monetary policy&amp;#039;&amp;#039;&amp;#039; refers to the manipulation of the supply of money by an institution which has the [[monopoly]] control of money production in a nation - usually a [[central bank]] - in an attempt to achieve certain objectives. Commonly these stated objectives are to maintain economic growth, limit unemployment, or both.&amp;lt;ref name=&amp;quot;Monetary_policy&amp;quot;&amp;gt;Tobin, James. [http://www.econlib.org/library/Enc/MonetaryPolicy.html &amp;quot;The Concise Encyclopedia of Economics: Monetary Policy&amp;quot;], referenced 2011-11-23.&amp;lt;/ref&amp;gt; Monetary policy inculdes actions such as [[qualitative easing]] and [[quantitative easing]]. Those who advocate the use of monetary policy, such as [[monetarists]] and [[Keynsians]], pressupose that changes in the money supply will result in positive changes in economic growth or employment.&amp;lt;ref name=&amp;quot;Monetary_policy&amp;quot; /&amp;gt; However, other economic schools of thought such as [[Austrian economics]], suggest that manipulation in the money supply will not achieve such desired effects and instead often will result in redistributions of wealth and other harmful economic distortions.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/617 &amp;quot;What Has Government Done to Our Money?&amp;quot;], 2010, page 57.&amp;lt;/ref&amp;gt; Furthermore, the [[Austrian business cycle theory]] attempts to show how it is in fact the actions of central banks, through inflationary monetary policies, which lead to the booms and busts of business cycles.&amp;lt;ref&amp;gt;[[Murray Rothbard]].[http://mises.org/resources/1082 &amp;quot;Man, Economy, and State&amp;quot;], 2009, page 859.&amp;lt;/ref&amp;gt; &lt;br /&gt;
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[[Category:Economic concepts]]&lt;br /&gt;
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		<author><name>Matthew</name></author>
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