Money growth and the post-pandemic inflation surge: Updating …
https://cepr.org/voxeu/columns/money-growth-and-post-pandemic-inflation-surge-updating-evidence
WEBJan 24, 2024 · The post-pandemic inflation surge confounded policymakers. This column examines the link between money growth and inflation, and finds that the strength of that link depends on the inflation regime: it is one-to-one when inflation is high, and virtually non-existent when inflation is low. Excluding countries with very high inflation rates, the link …
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