Inflation

Ian D. Davidson

Chapter 11 in European Monetary Union: The Kingsdown Enquiry, 1996, pp 54-60 from Palgrave Macmillan

Abstract: Abstract Britain’s relatively high inflation rate has come to be identified in many people’s minds as one of the symptoms directly associated with its relatively poor economic performance since the Second World War. Sometimes in the past Britain has appeared comparatively comfortable with the economic laxity of high inflation. But today there is a widespread consensus that the easy options of high inflation are merely a snare and a delusion, and that in the medium term the erosion of the value of the currency exacts a painful price.

Keywords: Monetary Policy; Central Bank; European Central Bank; Monetary Union; Debt Ratio (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24825-4_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349248254

DOI: 10.1007/978-1-349-24825-4_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().