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Can More Inflation Revive the US Economy?

Mises | Mon, 06/01/2009 - 9:05am | economic revival, Fed monetary policy, Inflation, Monetary policy, US economy |  2 comments

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The idea that there is the need for more inflation in order to revive the economy seems preposterous. The yearly rate of growth of monetary pumping as depicted by the Fed's balance sheet jumped from 3.8% in August last year to 152.8% by December 2008. At the end of April, the yearly rate of growth
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