These economic policies created high inflation while leading to food shortages across the land.
Or will the Government try to square the circle by simply printing the money it needs, creating runaway inflation?
Today there is price competition in so many more industries that once lived by creating inflation.
It was his goal to create inflation to help those in debt.
Government can pay its bills with tax money, run up a budget deficit or print more cash, creating inflation.
If there seems to be a surge in activity, they insist, it will wear off by spring or summer without having created much inflation.
That is, the government would have the power to create inflation simply by raising the dollar price of the commodity base(s).
To be avoided: establishing big new state job programs that create deficits and, ultimately, higher inflation.
Er, yes, but if you're exporting the stuff why should it create inflation?
Increased oil prices create inflation and that impact can be noticed already.