Why is inflation higher than money growth in high inflation countries and lower than money growth in

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Why is inflation higher than money growth in high inflation countries and lower than money growth in low inflation countries?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 08:14 AM

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Why is inflation higher than money growth in high inflation countries and lower than money growth in

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At very high levels of inflation the velocity of money rises dr...View the full answer

Money Banking and Financial Markets

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