Will the Fed Continue to Embrace a Longer-Term Hawkish Stance?
Real Vision: Finance & Investing
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The Growth of Monetary Aggregates and Its Connection to Inflation
The speakers discuss the growth of monetary aggregates during the pandemic and its potential indication of inflation pressure. They express perplexity about the connection between the monetary base, broad money, velocity, and economic activity. They also reflect on the lack of discussion around money supply in policy-setting despite its significance in economics education.
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Transcript
