Why might m1 and m2 grow at very different rates during a
1) Why might M1 and M2 grow at very different rates during a given year?
2) If excessively rapid growth in the money supply is associated with all inflationary episodes, why do central banks ever allow the money supply to increase so rapidly?
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1 why might m1 and m2 grow at very different rates during a given year2 if excessively rapid growth in the money supply
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