أثر التوسع في إصدار بطاقات الائتمان على معدل التضخم في مصر Effect of The Issuance Expansion of Credit Cards on Inflation rate in Egypt

April 1, 2023Open Access

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Key Points

The study aims to investigate the impact of the expansion of credit card issuance on the inflation rate in Egypt.
Descriptive study focusing on the positive relationship between credit card issuance and inflation.
Analysis based on Friedman’s quantity theory of money.
Examination of credit card usage trends in developing countries.
Friedman's theory suggests a direct correlation between increasing money supply and inflation in developing countries.
Expansion of credit card issuance leads to an increased money supply, affecting local monetary control.
Prudent credit card usage does not increase inflation rates, unlike in developing countries.

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Descriptive study reports the impact of credit card issuance on inflation rates in Egypt, suggesting optimal usage is crucial.

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محمد الکردي (2023) studied this question.

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