tag:blogger.com,1999:blog-2161094474017907793.post2018635869467997522..comments2021-07-15T02:02:11.105+01:00Comments on Controversy!: Cost Push InflationUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2161094474017907793.post-17576838892306883922009-03-25T04:02:00.000+00:002009-03-25T04:02:00.000+00:00Monetarist economists such as Milton Friedman argu...Monetarist economists such as Milton Friedman argue against the concept of cost push inflation because they believe that increases in the cost of goods and services do not lead to inflation without the government cooperating in increasing the money supply. The argument is that if the money supply is constant, increases in the cost of a good or service will decrease the money available for other goods and services, and therefore the price of some those goods will fall and offset the rise in price of those goods whose prices have increased.Hai Longhttps://www.blogger.com/profile/13245395662382069247noreply@blogger.comtag:blogger.com,1999:blog-2161094474017907793.post-67309728845640317402009-03-10T00:25:00.000+00:002009-03-10T00:25:00.000+00:00In this case, i think the cost push inflation may ...In this case, i think the cost push inflation may not exist when there is an increse in price of goods and services IF the income stays the same.CHEEhttps://www.blogger.com/profile/01005316814671640608noreply@blogger.com