The author examines the money supply represented by M2, the Federal budget deficit, the Fed’s previous adventures with QE, and the correlation to inflation. Click to read.
EXPECTATIONS of rising prices prompt households to increase spending, which may cause inflation to be more persistent, according to a discussion paper by researchers at the Bangko Sentral ng Pilipinas ...
The Union Budget must cut revenue expenditure so growth-boosting tax cuts are possible, while monetary policy should focus on growth-inflation dynamics instead of defending the falling rupee.