Why Printing Money Doesn't Always Cause Inflation
About this video
Japan printed for decades and got deflation. 2020 stimulus met supply shocks and prices flew. The difference is what the money does next. In this video: • Money velocity: the missing variable • Japan's decades of printing without inflation • 2020-22: when the same tool met different conditions • A simple framework for the next headline #economics #inflation #monetarypolicy #money
From the video
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