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This Inflation Is "Different"

Author

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  • NEGREPONTI-DELIVANIS, Maria

Abstract

Certain peculiar features of inflation, which has reappeared after some forty years of absence, raise questions as to whether it is the classic, that is, the one we have known for years. In particular, the current inflation does not seem to confirm its basic definition, which is based on the existence of a positive relationship between the quantity of money and the general price level.

Suggested Citation

  • NEGREPONTI-DELIVANIS, Maria, 2022. "This Inflation Is "Different"," Romanian Distribution Committee Magazine, Romanian Distribution Committee, vol. 13(1), pages 32-35, April.
    • Handle: RePEc:rdc:journl:v:13:y:2022:i:1:p:32-35
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    File URL: http://crd-aida.ro/RePEc/rdc/v13i1/3.pdf
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    More about this item

    Keywords

    Inflation; Permanent Stagnation; New Monetary Theory; Reasonable Predictions;
    All these keywords.

    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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