International Monetary Fund / Research Dept - 1960
of helping members to avoid inflation. Inflation is the subject of our meeting; and, in the post-war world as it has in … fact developed, inflation, latent or realized, has been the perennial problem. Recessions have been short lived. Wherever a … resources that is now in the mill, it should prove to be an even more powerful bulwark against deflation. In such a world, those …