Regan Beats Inflation Not by Reducing It

i recommend the piecesi eye opening. A remember i told you that nobody really understands inflation and debt and the fed and all that? Well, here's, here's a little more evidence to that case. There's an opinion piece in the wallstreet journal by richard de vigilante. He said that regan beat inflation, not by reducing the official money supply s. But he did it by boosting demand for money. The great lesson of the regular is that money supply is determined by investment opportunity. What absent such opportunities, no mat how much money the government gives people, they will reject it and turn it into stuff,. meaning they'll buy goods.