"It's an amazing time to be studying monetary theory. To see the discipline you've chosen to pursue at the heart of top-level policy discussions around the world, not to mention being read about on an almost daily basis by people who might never have given the matter a thought before, is very exciting. Monetary theory is based on core concepts about how factors such as the size of the money supply, price levels and benchmark interest rates affect an economy. Right now, not to put to fine a point on it, it's monetary policy that policymakers everywhere are relying on to get us out of the mess we're in."
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