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Game of Theories: The Monetarists
6:28
YouTubeMarginal Revolution University
Game of Theories: The Monetarists
Meet the monetarists! This business cycle theory emphasizes the effect of the money supply and the central bank on the economy. Formulated by Nobel Laureate Milton Friedman, it’s a “goldilocks” theory that argues for a steady rate of fairly low inflation to keep the economy on track ...
198.7K viewsNov 14, 2017
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