Issuer 38 – What Next? Money, Savings, Growth, Inflation and Policy

As you know, I’ve been of the view for several months that peak inflation is behind us and that the trend has turned. I use money supply data as a guide to forecast whether monetary policy will eventually break the back of inflation. According to monetary theory, popularized by Milton Friedman, a contraction in the money supply should reduce inflation.


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By Hubert Marleau

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By Hubert Marleau

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