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This book builds upon a long-accepted tradition of quantity theory of money in explaining long run inflation levels. It elucidates how and why - despite its important limitations - the theory can be applied throughout history, including the 2022 spikes in inflation.
Mateusz Machaj is a Researcher at the University of New York in Prague and an Associate Professor at the Institute of Economic Sciences, University of Wroclaw, Poland.
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Take 20% off your first order
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