Milton Friedman (1963) argued that "inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output." Nevertheless, in the last decades, the strong growth of money supply in many industrial cou
Recently, many industrialized countries such as the United States and the euro area have experienced high and further rising inflation, whereas in Japan and Switzerland inflation has remained low.
The Pakistan International Airlines (PIA) has urged Pakistan Prime Minister Imran Khan not to let foreign airlines use domestic routes, fearing that foreign com
The Pakistan International Airlines (PIA) has urged Pakistan Prime Minister Imran Khan not to let foreign airlines use domestic routes, fearing that foreign com