If the Fed were to accommodate an increase in the demand for money with fresh inflation of the money supply, this “accommodation” should be regarded as an effective increase in the supply of money as such, not purchasing power.
Should the Fed Accommodate Increases in Demand for Money?
Vorheriger Beitrag
‘Protecting Girls’: House Passes Legislation Banning Biological Males from Female Sports
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If We Have a Strong Economy, Why Are Americans Struggling?
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