Inflation boosts economic growth, money supply has no impact.
The study analyzed data from 2006 to 2010 to understand how money supply, inflation, and economic growth are related. In the short term, inflation and economic growth affect money supply differently. Money supply doesn't impact inflation or economic growth. In the long term, inflation and money supply are positively correlated. Economic growth reduces money supply, but increasing money supply helps economic growth. Inflation has a positive effect on economic growth. The relationship between economic growth and inflation is opposite. Inflation can harm the economy, and money supply is neutral in the long run.