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Focus: Money and Inflation

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Money growth has surged in most economies, the result of aggressive quantitative easing.If money growth is a harbinger of inflation, that would be concerning.In high-inflation 1970s and 80s, money growth was believed inevitably to cause inflation.However, experience since 2000 d...

 

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Focus: Money and Inflation

Money growth has surged in most economies, the result of aggressive quantitative easing.If money growth is a harbinger of inflation, that would be concerning.In