Introduction
Milton Friedman’s assertion that “inflation is always and everywhere a monetary phenomenon” is being rigorously tested in the global economy. Since the 2008 financial crisis, central banks have struggled to control inflation, with the COVID-19 pandemic and geopolitical tensions
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
