Evidence of Monetarism
To complete this activity, you will first need to access the following web sites and research historical inflation rates and money growth data:
http://www.nowandfutures.com/key_stats.html#ell
- Review and compare the trends in money supplies/ aggregates to the trend in the CPI over several decades.
- State your opinion about the validity of Monetarism (Friedman’s famous quote that inflation is everywhere and always a monetary phenomenon).
- Has Monetarism been an effective tool for conducting monetary policy?
- What role does monetarism have in current monetary policy?
Microsoft Word, APA format, 1-3 pages
Your posts must be substantive and must comment on, question, or challenge your classmates’ thoughts
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