Social Studies, 02.04.2020 19:13 karebareyo
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. - Milton Friedman The Counter-Revolution in Monetary Theory (1970) What does inflation refer to in this quote?
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Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced...
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