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the claim

Inflation is primarily caused by excessive monetary emission

the verdict

SUPPORTED

the evidence backs this

confidence 75/100

Empirical evidence from multiple economic studies supports the position that monetary expansion and credit growth play a significant causal role in driving inflation.

Evidence for · 2

Does Credit Expansion Trigger Inflation? An Empirical Analysis of the Credit Channel of Monetary Transmission in OECD Countries

2026 · cited by 0

Paper 0 establishes a long-run cointegration and causal relationship showing that money supply and credit expansion affect inflation in OECD countries.

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More for · 1

An empirical analysis of the link between fiscal deficits, monetary expansion and inflation in Uganda (2007-2020)

2025 · cited by 0

Paper 7 finds that money supply and fiscal deficits are primary drivers and Granger-cause inflation in Uganda.

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first checked01 Aug 2026

judged → SUPPORTED · 7501 Aug 2026

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