Summarizes the theory that inflation is related to excessive monetary growth, and the origins of this theory. Links to the Quantity Theory of Money.

Concepts

inflation, money supply

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Additional Tags

inflation and money, money growth, quantity theory of money, excessive monetary growth, excessive money growth, excessive money supply, excessive money supply growth

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Classroom Considerations

• Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)