The great inflation: a historical overview and lessons learned

All inflation isn't bad—a moderate amount can signal a healthy economy. But high inflation, such as that during the Great Inflation, can lead to a viscious cycle where expectations of higher inflation lead to further increases in the price level. Read the October 2012 Page One Economics Newsletter to find out what caused the Great Inflation, how tough (and painful) policy brought it to an end, and two key lessons learned.

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Year of publication:	2012
Authors:	Lopez, David A. ; Wolla, Scott A.
Published in:	Page One Economics Newsletter. - Federal Reserve Bank of St. Louis. - 2012, Oct, p. 1-4
Publisher:	Federal Reserve Bank of St. Louis

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Extent:	text/html application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011027019