There are a number of other methods of expanding the money supply, but these are Greenspan's favorites.
Inflation is caused by a rise in the general price level on the market.
The rise in price level is ultimately caused by expansion of the money supply. This was the case in the 1920s, and it was the case for 1990s. There are a number of other methods of expanding the money supply, but these are Greenspan's favorites. The rise in price level is ultimately caused by expansion of the money supply. This was the case in the 1920s, and it was the case for 1990s.