This paper investigates the short run as well the long run relationships between money supply, inflation, government … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply …

, such as inflation control. The stability of key empirical relationships, including the behavior of velocity and the … predict inflation is examined using Granger causality tests and an unrestricted VAR that examined the relative contribution of … innovations in money to the variance of the forecast errors in inflation. In general, money's ability to predict inflation is less …