July 8, 2020

Comment: Money talks

BY Russell Jones

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( 9 mins) 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 expect an extended imbalance of supply and demand It seems to be too early to […]

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