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Chapter 3 Fiscal Deficits and the Inflation Process

Chapter 3 Fiscal Deficits and the Inflation Process »

Source: Inflation and Growth in China

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 1996

ISBN: 9781557755421

Keywords: inflation, monetary policy, money supply, foreign exchange, central bank

Costs of Inflation There is no doubt that high rates of inflation impose serious costs upon the affected economies. Much of the literature on this subject is couched in terms of the...