51. Greenspan in particular has honed in on productivity, which has allowed the economy to expand without high inflation, as evidence that the longer-term outlook is solid. 52. Generally, high inflation rates force investors to demand higher rates to prevent their savings from deteriorating. 53. He copes with crowded living conditions, unstable politics, chronic shortages of basic supplies and high inflation. 54. High inflation has eroded real salary levels in Venezuela. 55. High inflation has led to plummeting income and living standards. 56. High inflation prompts policy makers to raise interest rates, which hurts corporate growth by making it expensive to borrow money. 57. High inflation allowed banks to turn easy profits on their investment and hide poor lending policies. 58. High inflation has eroded real salary levels in Venezuela.. 59. High inflation will force the central bank to raise interest rates, which will curb economic growth as it becomes more expensive for companies to borrow, analysts said. 60. High inflation and a towering deficit were seen as a spanner in the monetary works. |