Week 6 Discussion - Econ

Week 6 Discussion - Evidence of Monetarism - Econ

To complete this activity, you will first need to access the following web sites and research historical inflation rates and money growth data:

https://fred.stlouisfed.org/

http://www.bls.gov/cpi/

Review and compare the trends in money supplies/ aggregates to the trend in the CPI over several decades.
State your opinion about the validity of Monetarism (Friedman's famous quote that inflation is everywhere and always a monetary phenomenon).
Has Monetarism been an effective tool for conducting monetary policy?
What role does monetarism have in current monetary policy?

Your posts must be substantive and must comment on, question, or challenge your classmates' thoughts.

Minimum 1page

Cited per APA 6th

Verify and check grammar and sentence structure