Documents Money and Inflation U.S. inflation and its trend, 1960- 2006 0% 3% 6% 9% 12% 15%...

Slide 1 Slide 2 Money and Inflation Slide 3 U.S. inflation and its trend, 1960- 2006 0% 3% 6% 9% 12% 15% 1960196519701975198019851990199520002005 long-run trend % change…