Excessive money supply may put economy into recession: expert

Excessive money supply may put economy into recession: expert

Monetary policy is not a magic wand and excessive money supply does not necessarily promote growth. Instead it can cause high inflation or put the economy into a recession and liquidity trap when demand is weak, writes Assoc. Prof. Dr. Nguyen Huu Huan from the University of Economics Ho Chi Minh City.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7