The Great Inflation: The Rebirth of Modern Central Banking photograph

The Great Inflation: The Rebirth Of Modern Central Banking

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Originally published June 28, 2013
Editors Michael D. Bordo
Athanasios Orphanides
Date of Reg.
Date of Upd.
ID2426728
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About The Great Inflation: The Rebirth Of Modern Central Banking


Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. . . .

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