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Do increases in the money supply cause or accelerate inflation? - Thoughtful Finance
Do increases in the money supply cause or accelerate inflation? Let’s consider the evidence… First, a chart of the annualized percentage changes in the money supply (M1) and consumer price index (CPI). We can also look at the same data, but use the absolute value of the money supply. Again, inflation does not seem correlated … Continue reading Do increases in the money supply cause or accelerate inflation?