An Inflationary Breakout Would Be Consistent w/History

An Inflationary Breakout Would Be Consistent w/History
AP Photo/Mark Lennihan, File
Printing money to finance wars with resulting inflation is the most time-honored monetary policy. It can also be used for other crises thought of as analogies to wars, like to finance the massive expense of bridging the Covid 19-triggered bust of 2020.
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