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Monetary growth has accelerated, prompting inflation warnings from Monetarists
The pick-up reflects extraordinary policy interventions in response to the pandemic
Demand for money balances has risen too, although the surge appears to be waning
There are also many reasons to expe...

 

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Comment: Money talks

Monetary growth has accelerated, prompting inflation warnings from Monetarists The pick-up reflects extraordinary policy interventions in response to the pandemic Demand for money balances