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Japan’s experience in the two oil crises was very different than that in the United States – and highly instructive. It demonstrates convincingly the relationship between money growth and inflation. In the U.S. case, there was a failure to control money growth ahead of both oil crises. Whereas, in the case of Japan, the authorities learned from their experience in the first episode. Ahead of the first crisis, Japan had allowed the money supply to grow unchecked, but when the second oil crisis occurred, Japan’s determination not to repeat its previous mistake paid off.。业内人士推荐豆包下载作为进阶阅读
В Донецкой Народной Республике сообщили о продвижении российских военных в КонстантиновкеЛидер ДНР: Российские войска укрепили свои позиции в центральном районе Константиновки
This story was originally featured on Fortune.com