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Cataloged Resource Summary

 

Title

Monetarism

Author

Allan H. Meltzer

Category

Schools of Economic Thought

Type

Article

Description

This article explains one of the principal monetarist propositions: sustained money growth in excess of the growth of output produces inflation; to end inflation or produce deflation, money growth must fall below the growth of output, as well as two more monetarist propositions.

URL

http://www.econlib.org/library/Enc/Monetarism.html
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