What Is an “ Acceptable ” Rate of Inflation ? A Review of the Issues
نویسنده
چکیده
ECENT fears of increased future inflationary pressures, heightened by high rates of capacity utilization, have generated a large body of commentary concerning what level of inflation would be desirable or at least acceptable.’ While there appears to be a general consensus that a rise in the rate of inflation is not desirable, whether or not many would agree with Mr. Greenspan’s statement above is not clear Indeed, his statement makes a stronger suggestion that even the current rate of inflation is not acceptable.’
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