• 1. Introduction
  • 2. The lessons of the 1970s
  • 3. Experience with monetary policy – the Bundesbank and the ECB
  • The ECB’s two-pillar strategy for policy analysis
  • The economic pillar
  • The monetary pillar
  • 4. Further considerations regarding the role of money
  • 5. Monetary policy and asset prices
  • 6. In search of a monetary policy strategy?