The acceleration of inflation that characterizes many economic populist movements is usually the result of

Question

Quizplus · Accepted Answer

The printing of money to finance government budget deficits leads to an increase in the money supply, which can cause inflation because there is more money chasing the same amount of goods and services. Economic populism often involves policies that increase government spending, which can lead to budget deficits and a corresponding increase in the money supply.

The Acceleration of Inflation That Characterizes Many Economic Populist Movements