Journal Article
On the origin and evolution of the word inflation
Abstract: A historical look at the origin and uses of the word inflation, arguing that although the term has become nearly synonymous with \\"price increase,\\" its original meaning--a rise in the general price level caused by an imbalance between the quantity of money and trade needs--is the definition driving many of those who advocate an anti-inflation policy for the Federal Reserve.
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1997
Issue: Oct
Order Number: 2