Please, write a discussion post about the Topic/Statement below (500 words)
Topic/Statement: Some economists describe the increase in the U.S. money supply as being analogous to giving people more money. If the output of goods and services is not growing at a similar rate, inflation will eventually occur. According to PPP Theory, what will happen to the U.S. dollar? Why? Explain your answer in a well-constructed and persuasive manner.
(2 or 3 Citations needed for this discussion post)
Citation sources (Please use any of the below citation sources for the discussion):
Amadeo, K XXXXXXXXXXDollar Decline Versus Dollar Collapse: Why a Dollar Decline Is Inevitable, while a Collapse Is Unimaginable. Retrieved from https:
www.thebalance.com/dollar-decline-or-dollar-collapse XXXXXXXXXX
Hatter, K XXXXXXXXXXWhat Effect Does Inflation Have on the Purchasing Power of a Dollar? Pocket Sense. Retrieved from https:
pocketsense.com/effect-inflation-purchasing-power-dollar-9328.html
McMaken, R XXXXXXXXXXThe Money Supply is Growing at its Fastest Rate in 3 Years. Business Insider. Retrieved from https:
www.businessinsider.com/money-supply-growing-at-fastest-rate-in-3-years-2016-9.
Patterson, R XXXXXXXXXXA Weak Dollar Hurts More Americans Than It Helps. CNBC. Retrieved from https:
www.cnbc.com/2018/01/26/a-weak-dollar-hurts-more-americans-than-it-helps.html
Horne, J XXXXXXXXXXEight conjectures about exchange rates. Journal of Economic Studies, 31(5), XXXXXXXXXXRetrieved from https:
saintleo.idm.oclc.org/login?url=https:
search-proquest-com.saintleo.idm.oclc.org/docview/ XXXXXXXXXX?accountid=4870
Kulkarni, K. G., & Nandakumar, P XXXXXXXXXXShort-run deviations from purchasing power parity (PPP): A case of expectational changes. Journal of Applied Business Research, 8(2), 122. Retrieved from https:
saintleo.idm.oclc.org/login?url=https:
search-proquest-com.saintleo.idm.oclc.org/docview/ XXXXXXXXXX?accountid=4870
Sjölander, P XXXXXXXXXXUnreal exchange rates: A simulation-based approach to adjust misleading PPP estimates. Journal of Economic Studies, 34(3), XXXXXXXXXXdoi:http:
dx.doi.org.saintleo.idm.oclc.org/10.1108/ XXXXXXXXXX
Amadeo, Kimberly. Purchasing Power Parity. About News XXXXXXXXXXhttp:
useconomy.about.com/od/glossary/g/ppp.htm