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THE NATURE AND SOURCES OF INFLATION
THE INFLATIONARY YEARS
THE INFLATIONARY EFFECTS OF WAR EXPENDI
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amount Australia average Belgium black market boom cent commodity prices considerable consumers consumption correlation cost of living countries course currency decontrol devaluation Diagram earnings economy equilibrium existence expectations exports extent factor prices factors of production fall finance flight from cash foreign France Germany hyper-inflation idle money import prices income velocity increase in prices industrial inflationary period instance interest rates internal investment Italy Japan labour less liquid assets mainly monetary money income months national income Netherlands non-consumption expenditure Norway output perhaps post-war pre-war price control price increase price inflation price level price-wage spiral prices of finished prices of manufactured probably profits purchasing power raised rate of increase rate of price ratio real income reduced relation relatively rise rose seems spend stocks subsidies supply of money Sweden tion trade United Kingdom United States dollar wage earners wage increases wage rates whole wholesale prices Zealand