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entrenched inflation [1 record]

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Record 1 1992-05-15

English

Subject field(s)
  • Economic Fluctuations
CONT

The absence of a trade-off between inflation and unemployment and the obvious high costs, in terms of unemployment and under-utilization of capital, required to eliminate entrenched inflation can lead to only one conclusion: the best policy is to get rid of inflation and not let it rise again.

French

Domaine(s)
  • Fluctuations économiques
OBS

(...) le problème fondamental de demande excédentaire et d'anticipations inflationnistes bien ancrées dans l'économie a persisté.

Spanish

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