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stagflation

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The development of monetary policy - Part 1
monetary policy

The development of monetary policy - Part 1

Monetary Policy (Introduction) Fiscal policy takes up most of the policy debate, however, with talks of a coming recession in Australia, that may be about to change. Monetary policy defines the instruments by which central banks can influence the money supply in the economy. The money supply has huge influence
Apr 19, 2019 3 min read
Low and steady wins the race
central banks

Low and steady wins the race

Following the 1979 OPEC crisis, governments from developed countries across the globe recognised the need to bring inflation – the rate of increase in prices over time – under control. Sparked by a decrease in oil output due to the Iranian revolution, oil prices rose from USD$15.85 to USD$39.
May 6, 2015 4 min read
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