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There is perhaps nothing more important or contentious in macroeconomics right now than the question of inflation.
On the one hand, there is a growing concern that rapidly growing money supply and increasing central bank balance sheets will inevitably lead to inflationary pressures.
On the other, critics of that point of view point to significant counterveiling forces such as the 10% unemployment rate and growing savings rate among consumers.
So who is right?
By Blockworks4.9
733733 ratings
There is perhaps nothing more important or contentious in macroeconomics right now than the question of inflation.
On the one hand, there is a growing concern that rapidly growing money supply and increasing central bank balance sheets will inevitably lead to inflationary pressures.
On the other, critics of that point of view point to significant counterveiling forces such as the 10% unemployment rate and growing savings rate among consumers.
So who is right?

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