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update request on the
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lectures/cagan_ree.md

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@@ -410,7 +410,7 @@ $$
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m_{T_1}^2 - m_{T_1}^1 = \alpha (\pi_{T_1}^1 - \pi_{T_1}^2),
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$$ (eq:eqnmoneyjump)
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which describes how the government could reset the money supply at $T_1$ in response to the jump in expected inflation associated with the monetary stabilization.
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which describes how the government could reset the money supply at $T_1$ in response to the jump in expected inflation associated with monetary stabilization.
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Doing this would let the price level be continuous at $T_1$.
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