Go to the St. Louis Feds data site (FRED) (fred.stlouisfed.org) and, for January 1990 to the most
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Go to the St. Louis Fed’s data site (FRED) (fred.stlouisfed.org) and, for January 1990 to the most recent available month, download and graph both the compounded annual rates of change of M2 (M2SL) and the rate of change of the CPI (CPIAUCSL). What relationship do you see between the two variables?
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Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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