11. Inflation will be down to three percent. 12. Inflation is a constant threat. 13. Large-scale inflation is a recipe for disaster. 14. In this respect inflation is not only everywhere a monetary phenomenon, but is also the responsibility of government. 15. If inflation is to be controlled, they maintain, then the money supply must be controlled. 16. Of course there has been inflation in the economy, but even so you can tell Wilko is a Yorkshireman. 17. Mr Kretzschmar says higher inflation is one of the prices paid by Germans for the reunification of their nation. 18. Even lower inflation is just a consequence of far higher unemployment. 19. Clearly, if there is inflation, the efficiency of money as a store of value is reduced. 20. Once again, if there is inflation, money performs less efficiently as a standard of deferred payment. |