What do John Maynard say are the causes of inflation?
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Principles of Keynesian Economics
Principles of Keynesian EconomicsThe most basic principle of Keynesian economics is that if an economy's investment exceeds its savings, it will cause inflation. ... Keynes believed that unemployment was caused by a lack of expenditures within an economy, which decreased aggregate demand.
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Principles of Keynesian Economics
The most basic principle of Keynesian economics is that if an economy's investment exceeds its savings, it will cause inflation. ... Keynes believed that unemployment was caused by a lack of expenditures within an economy, which decreased aggregate demand.
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