This is about to detect the effects of government interventions on inflation control. This study applies the method of long memory instead of traditional method.The data generating process considers the case where there are shock-plans i.e. inliers such as government interventions that are short-lived but important in magnitude. The essence of the overall results of the simulation implies that the level to which inflation falls after the application of a government programs has no impact on the estimates of the fractional parameter and on the persistence of the inflation process. That means...

So far, history is not actually short, but the present treatise is an attempt to squeeze and redress the history of mighty America in such shorts. The prime goal of this trivial effort is to make a small room for the avid readers to end it within a short span of time in order to have a concise idea about the socio-political history of modern America. We hope that the readers will feel easy and comfortable in reading this small monograph.