Inflation Didn't Budge as Monetary Supply Grew Following Financial Crisis
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A long standing economic theory states that money supply controls inflation. Otherwise known as the equation of exchange, it states that the total amount of money in the economy is equivalent to the total value of goods and services. The implication being that with more money in the economy, producers and retailers will charge more for goods and services.
Inflation Didn't Budge as Monetary Supply Grew Following Financial Crisis
Inflation Didn't Budge as Monetary Supply…
Inflation Didn't Budge as Monetary Supply Grew Following Financial Crisis
A long standing economic theory states that money supply controls inflation. Otherwise known as the equation of exchange, it states that the total amount of money in the economy is equivalent to the total value of goods and services. The implication being that with more money in the economy, producers and retailers will charge more for goods and services.