The money supply is the sum total of all of the currency and other liquid assets in a country's economy on the date measured. The money supply includes all cash in circulation and all bank ...

Keynesian theory had no appropriate policy responses, while Friedman and other monetarists argued convincingly that the high rates of inflation were due to rapid increases in the money supply, making ...

Now, the U.S. relies more on levers such as the Federal Reserve's interest rate policy and bond-buying activity to help control the money supply and mitigate inflation; still, the value of the ...