The Two Mysteries of Monetary Policy: Inflation & Depressions

The fact that government and banking-system inflation leads to recessions/depressions has serious consequences for stewardship. In this lesson, we’ll look at money; at interest rates; at the Federal Reserve Bank; at inflation; at the boom/bust cycle; and at the GreatDepression.

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This teaching series is also available on Ligonier Connect, our online learning platform with integrated study tools and a community of fellow learners.