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18 Jun 2009, 2:05 am
United States, 510 U.S. 540, 555 (1994). [read post]
18 Jun 2009, 12:01 am
Given the strong intuition that rampant and uncontrolled money growth must certainly be inflationary (see Germany in the 20's, many South American countries in the 70's and 80's, etc.), it is easy to convince students that the theory can be used as an actual predictive tool for U.S. monetary policy. [read post]