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Página 22
In general , they agreed that the economy is operating dangerously on a new
inflationary floor of 5 percent , which ... Do you think this strategy will have any
effect on inflation ? the Cavallo : The rate of inflation is not determined as much
by ...
In general , they agreed that the economy is operating dangerously on a new
inflationary floor of 5 percent , which ... Do you think this strategy will have any
effect on inflation ? the Cavallo : The rate of inflation is not determined as much
by ...
Página 23
If this is the strategy , then I believe the present inflation rate will become a floor
and not a ceiling , so the entire system is contributing to higher inflation . The 28 -
percent rate , therefore , will be exceeded in practice . It should be noted ...
If this is the strategy , then I believe the present inflation rate will become a floor
and not a ceiling , so the entire system is contributing to higher inflation . The 28 -
percent rate , therefore , will be exceeded in practice . It should be noted ...
Página 29
Broda : Anti - inflation programs based on attacking inertial inflation initially yield
quick results at no cost ; but they retard or eliminate the fiscal and monetary
reforms that are necessary to achieve permanent stability . The unorthodox
elements ...
Broda : Anti - inflation programs based on attacking inertial inflation initially yield
quick results at no cost ; but they retard or eliminate the fiscal and monetary
reforms that are necessary to achieve permanent stability . The unorthodox
elements ...
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Contenido
INTERAMERICAN AFFAIRS | 1 |
Argentina Bolivia Set Joint Road Project in Motion | 8 |
Top Economists Examine Progress of Austral Plan | 20 |
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