About this document
Understanding Inflation as a Monetary Phenomenon by Achmad Trianto is a document available to read on EtoBox.
The document discusses the monetarist view that inflation is always and everywhere a monetary phenomenon, as stated by Frederic Mishkin. It asserts that whenever a country experiences extremely high inflation over a sustained period, its money supply growth is also extremely high. The monetarist view is that continually rising money supply will lead to continually rising prices as aggregate demand increases in response to more money.
- Author
- Achmad Trianto
- Language
- EN