Learn about two competing economic theories of the role of money supply and whether money supply causes inflation in the economy.

The optimal target for inflation is a range, so that businesses are not discouraged from risk-taking and consumers are not trying to front-run rising prices. The U.S. Federal Reserve has initiated its ...

The US Treasury runs the nation’s mints. Those mints print money. However, they do not print new money, per se. The only way ...

The Fed glosses over any culpability in triggering and extending U.S. inflation. However, it did print about $4.8 trillion in new money to support the overly generous COVID relief to households ...

The explosive inflation situation in chaotic Argentina ... the necessary demand for bills and thus must appeal to the printing in foreign mint houses, of billions of Argentine bills.

it has nothing to do with inflation. To which some will reply that what Friedman actually meant was that governments print money, and then spend the money printed. Supposedly the latter causes ...