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How Governments Created a Century of Inflation
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How Governments Created a Century of Inflation
Photo by Towfiqu barbhuiya on UnsplashWritten by: Econ BroIn my first Principles of Macroeconomics class, I was taught the four macroeconomic objectives of government1. Economic growth.2. Price stability.3. Full employment.4. Balance of payments equilibrium.There are many criticisms that can be levelled against these objectives, and the government’s ability to achieve them, but in this article, I will focus on price stability.What is price stabi…
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