Vulkar's Quantity Theory of Money

Vulker wanted to put in place high interest rates as the main way to fight inflation. But there was some confusion about whether or not he would actually be able to stick to his guns. Vulkar believed that there was some virtue in the quantity theory of money. He thought it it made some sort of sense. The way to approach, therefore, a problem like inflation wasn't to do what milton said, which was to sort of fix the tap and dribble money into the system. That wasn't the way to do it. What you really need to do is reboot the economy. You break the economy, then you started off from a new normal, and then you gradually