MADRID. Nobel laureate in economics Milton Friedman already memorably explained it: “Inflation is always and everywhere a monetary phenomenon insofar as it only occurs because the quantity of money increases faster than production.” The measures imposed by governments to combat the coronavirus epidemic interrupted productive activity in the world for months. During that time reserves … Read more
https://awardworld.net/nobel-prize/opinion-the-impact-of-inflation-on-the-household-economy-by-luis-alberto-iglesias-of-value_school/
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