The U.S. monetary base has been quadrupled since the financial crisis in 2008, which prompted a wave of concern among economists about potentially dangerous future inflation. The traditional economic theories suggest that an increase in monetary base by the Fed would increase the money supply and, therefore, accelerate inflation rates. The reality was that the dangerous inflation did not happen even after the economy achieving the full employment.
Review the following articles and other internet sources and evaluate various explanations of the absence of excessive inflation after the dramatic increase in monetary base. List a few plausible explanations and explain why you think they are reasonable explanations. Please make sure to include the references at the end of your report.
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Reporting format: 1-2 pages single-spaced type-written report.
A student is committing plagiarism if he/she copies someone elseâ€™s work (including ideas, models, estimation results, data, or internet contents) without clear reference to the source and turn it in as his/her own. Any evidence of plagiarism will result an immediate failure of the course for everyone involved in the plagiarism (http://www.stcloudstate.edu/studenthandbook/code/prohibited.aspx).
Tips on how to avoid committing plagiarism are available here.
*NOTE* please make sure you do not copy and paste from internet.