Asked by stefanie gacho on May 06, 2024

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Milton Friedman concluded that we have never had a serious inflation that was not accompanied by __________.

Milton Friedman

An American economist and Nobel laureate who was a leading proponent of monetarism and free-market capitalism.

Serious Inflation

An extreme form of inflation characterized by rapid and uncontrollable rises in prices across the economy.

  • Investigate the interconnection between interest rates, inflation, and monetary supply within the context of economic policy development.
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Ramesh ThumulaMay 09, 2024
Final Answer :
rapid monetary growth