What is the possible link between changes in money supply and price stability?
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reducing distortions of inflation or deflation, which can exacerbate the distortionary impact on economic behaviour of tax and social security systems; preventing an arbitrary redistribution of wealth and income as a result of unexpected inflation or deflation; and contributing to financial stability.
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preventing an arbitrary redistribution of wealth and income as a result of unexpected inflation or deflation; and contributing to financial stability.
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