Cents and Sensibility: the Inflation Guy Podcast
Business:Investing
"Stagflation" is a term we hear frequently today, as inflation indicators rise and the growth outlook has been looking less-rosy every week. How does a monetarist, as opposed to a Keynesian, think about the conditions that cause a stagflationary outcome? In this episode, the Inflation Guy walks the listener through the Equation of Exchange (MV=PQ), asking how we can get a high change in "P" associated with a low change in "Q."
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