1. Read the article "Inflation in Zimbabwe" from 2008:

http://www.telegraph.co.uk/news/worldnews/africaandindianocean/zimbabwe/3167379/Zimbabwe-inflation-hits-231-million-per-cent.html

In your opinion, what has caused the high inflation that we saw in 2008? Please tie your discussion response to what we have learned in Chapter 12 regarding the relationship between money supply growth and inflation rates.

2. Read the article "Statement on Longer-Run Goals and Monetary Policy Strategy" which you can find here:

https://www.federalreserve.gov/monetarypolicy/files/FOMC_LongerRunGoals_20160126.pdf

Monetary Policy conduct has received substantial attention after the Great Recession. After reading the Longer Run Goals of the Federal Reserve, do you think that the Federal Reserve has conducted monetary policy in accordance with their long-term goals? Or do you think that the Federal Reserve should have done more/less after the Great Recession?

Share your thoughts in view of what you have learned in this module, and what you have read in this article.