Search results
Results from the WOW.Com Content Network
The term sellers' inflation was coined during this period to describe the effect of corporate profits as a possible cause of inflation: Price inelasticity can contribute to inflation when firms consolidate, tending to support monopoly or monopsony conditions anywhere along the supply chain for goods or services.
For the 12-month period ending in August 2022, the annual inflation rate was measured at 8.3% for the United States. This means the price of everyday essentials such as food, gas and living ...
[1] [2] Money supply data is recorded and published, usually by the national statistical agency or the central bank of the country. Empirical money supply measures are usually named M1, M2, M3, etc., according to how wide a definition of money they embrace. The precise definitions vary from country to country, in part depending on national ...
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.
Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic, the report found, analyzing Commerce Department data.
Friedman's Money Supply Rule vs. Optimal Interest Rate Policy; Model Uncertainty and Delegation: A Case for Friedman's k-percent Money Growth Rule; A K-Percent Rule for Monetary Policy in West Germany; Rules, discretion and reputation in a model of monetary policy, Robert J. Barro, David B. Gordon; Discretion versus policy rules in practice ...
Some regard bubbles as related to inflation and thus believe that the causes of inflation are also the causes of bubbles. [citation needed] Others take the view that there is a "fundamental value" to an asset, and that bubbles represent a rise over that fundamental value, which must eventually return to that fundamental value.
The period when major central banks focused on targeting the growth of money supply, reflecting monetarist theory, lasted only for a few years, in the US from 1979 to 1982. [16] The money supply is useful as a policy target only if the relationship between money and nominal GDP, and therefore inflation, is stable and predictable.