1. And inequality of income is one reason inflation is nonexistent. 2. For these people, that inflation was the worst thing in the world. 3. He offers the unassailable proposition that without money there can be no inflation. 4. If workers believe inflation is likely to accelerate, they will demand high enough wages to compensate for expected increases in prices. 5. Inflation was largely responsible for the economic crisis. 6. Inflation was often in double figures. 7. Some economists have pointed out that low inflation is not necessarily a good thing. 8. Inflation is still a millstone round the neck of British businesses. 9. The fact remains that inflation is unacceptably high. |