Commentary: Globalization and Global Disinflation
نویسنده
چکیده
why the trend toward disinflation over the past two decades is so widespread. The paper is, in fact, an interesting diagnostic exercise in the spirit of an Agatha Christie play—say “Murder on the Orient Express” (or, given the number of possibilities, “And Then There Were None”). In the play, many suspects hated the victim; here, who killed “inflation”? How? Most interestingly, how does this play end?
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