Other fiscal changes (eg turnover taxes in the housing market) might also be thought useful.13 Implementing monetary policy as suggested above might also be done in a variety of ways. A more rule-based approach might focus on the rates of growth of monetary aggregates or credit aggregates, similar to the way policy tended to be conducted in some countries in the 1970s.
The difference,  of markets, and the vulnerabilities of the system as a whole. Finally, the Committee on Payment and Settlement Systems oversees an important part of the underlying infrastructure of the system. 12  Goodhart made this point again in his Per Jacobsson Lecture (2004).