The return of inflation has revived some of the policy discussions that typically accompany inflationary episodes. Most … article, after providing a basic introductory model of how the monetary system works and the impacts inflation can have on the …. Opponents argued that paper money was an evil that cause inflation and the associated harms that resulted. The goal of this …

. Here, the question of whether and when such re-coinage was applied in medieval Sweden is analyzed against the historical … record. A theory of how short-lived coinage systems work is applied to Swedish coinage. It is shown that Sweden adopted …

In the eighteenth century, a fierce political debate broke out in Sweden about the causes of an extraordinary … autoregressions suggest that increasing amounts of paper money did give rise to inflation and a depreciation of the exchange rate …