Rueff challenges Keynes and Friedman, claiming currency control is unnecessary.
The article discusses how Rueff criticizes Keynes's General Theory, rejecting policy responses to economic issues like underemployment and public debt. Rueff believes that the amount of money in circulation cannot be controlled, which challenges both Keynesian theory and Friedman's monetarism. Rueff's main argument is that the "adjustment phenomenon of money" works fine without the need for intervention.