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expanding the money related supply at a low, consistent rate, as the most ideal way of keeping up with low expansion and stable creation growth.[13]

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expanding the money related supply at a low, consistent rate, as the most ideal way of keeping up with low expansion and stable creation growth.[13] However, when US. Central bank Chairman Paul Volcker attempted this strategy, beginning in October 19?9, it was viewed as illogical, on account of the shaky connection between nancial totals and other macroeconomic variables,[14] Even Milton Friedman later recognized that immediate cash providing was less fruitful than he had hoped.[15]

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