Assumptions of Inflation: Post-Friedman Assumptions of the “Equation of Exchange”

Section 1: Introduction Section 2: Milton Friedman’s View of the Cause of Inflation Section 3: John Harvey’s Response to Friedman and the Creation of Money Section 4: Additional Examples of Inflation Not Caused by Money Creation Section 5: My Response to Harvey’s Assumptions of Fractional Reserve Banking Section 6: A Bit of Marxist Perspective on…