Husár, Jaroslav; Szomolányi, Karol - In: Politická ekonomie 2009 (2009) 1, pp. 48-57
In this paper the stability of an inflationary process is examined. A dynamic model of the inflation has been developed based on the quantity theory of money. Some theorists say that any rate of inflation other than zero is inherently instable. They say that as people become aware of the fact of...
