
MacroVoices #299 Lyn Alden: Revisiting Inflation/Deflation Signals
Macro Voices
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What's the Relationship Between Money Supply Growth and Productivity?
When you have a period where there's a big disconectn between money supply growth and inflation, you generally get radical productivity. And so in the united ates and in the late 18 hundreds, n in the two thousands, that was cecause of globalization and unlimited land. Whereas, for example, on the japan chart, we see that after wat were tw they entered this period of dramatic productivity, where you had inflation come back down. Thet e bascs something busy, some sort of technological shift or something allowed that to happen. Japan also shows a similar outcome. We can also see t, you know, the basic of the hyper inflations during the war years.
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