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 continues inflation, however slow, they will anticipate inflation and …

Market interest rates are usually determined not only by the inflation related determinants but also by the forces that … so that it should not be clear the nominal interest rates fluctuations are given by the changes in inflation expectations … interest rates fluctuations in the Visegrad countries in order to identify the impact of the inflation expectations and …