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Olduvai III: Catacylsm
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Can Constant Money Growth Rule Prevent Boom-Bust Cycles?

CAN CONSTANT MONEY GROWTH RULE PREVENT BOOM-BUST CYCLES? According to the Nobel Laureate in Economics, Milton Friedman, the key cause of the business cycles is the fluctuations in the growth rate of money supply. Friedman held that what is required for the elimination of these cycles is for central bank policy makers to aim at […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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