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Historical inflation rates and money growth data

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Reference no: EM132600573

Historical inflation rates and money growth data:

https://fred.stlouisfed.org/https://www.bls.gov/cpi/

  • Review and compare the trends in money supplies/ aggregates to the trend in the CPI over several decades.
  • State your opinion about the validity of Monetarism (Friedman's famous quote that inflation is everywhere and always a monetary phenomenon).
  • Has Monetarism been an effective tool for conducting monetary policy?
  • What role does monetarism have in current monetary policy?

Reference no: EM132600573

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