If you’re ready to start, restart, or continue your own college journey with Study Hall, go to https://link.gostudyhall.com/mecon to join a college course that starts on YouTube for just $25, and unlock the opportunity to earn transferable credits from ASU.
Monetary policy is used to slow down or speed up the economy, but can it really improve things long term, or is it a temporary effect? By looking at how increasing the monetary supply affects inflation, we can get a more nuanced view of when it makes sense for the Fed to intervene.
__________________________________________________________________________
Follow us on social media!
Twitter: https://twitter.com/gostudyhall
Instagram: https://Instagram.com/GoStudyHall
Facebook: https://www.facebook.com/GoStudyHall
__________________________________________________________________________
Chapters:
0:00 – Introduction
1:11 – The Equation of Exchange
4:40 – The Classical Dichotomy and The Quantity Theory of Money
10:34 – Hyperinflation in The Real World
13:05 – Conclusion
Watch Now
