Journal Article

Inflation is not always and everywhere a monetary phenomenon


Abstract: Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation.

Keywords: Fiscal policy; Monetary policy; Inflation (Finance);

Access Documents

File(s): File format is text/html https://fraser.stlouisfed.org/title/6362/item/607694
Description: Full Text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2014-06

Volume: 9

Issue: 6

Pages: 1-4