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Page "Chronic inflation" ¶ 5
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Inflation and first
Inflation in 2006 was the lowest in Latin America at only 1. 8 %, but increased in 2007 as oil and commodity prices rose ; in the first half of 2008, it had reached about 5. 5 %.
Using the terminology first introduced by James Tobin ( following the lead of Franco Modigliani ), this equals the Non-Accelerating Inflation Rate of Unemployment ( NAIRU ) when the real gross domestic product equals potential output.
Inflation theory posits that an inflaton field in the first 10 < sup >- 30 </ sup > seconds of the universe produces strong repulsive gravity, and the universe and space-time expand by a factor of 10 < sup > 30 </ sup >.
He was one of the first British economists to argue that money was " of considerable importance " to economic activity, a view that became more widespread during " the Great Inflation " of the 1970s.
With a tunnel dug into Titan's depths, and a prototype Inflation Drive on board, two astronauts make the first manned faster-than-light voyage, travelling almost 3 parsecs.

Inflation and became
Adam Fergusson pointed out that in 1923 during the great Inflation in the Weimar Republic Gresham's Law began to work in reverse, since the official money became so worthless that virtually nobody would take it.
Inflation decreased and the Romanian leu became stronger.
Inflation became a serious problem.
The wormholes themselves became known as Inflation Holes.

Inflation and at
Inflation was running at 2. 6 % in 2006 and predicted to be 2 % to 3 % in 2007.
Inflation has remained low and stable within the framework of the currency board arrangement, with inflation averaging at two percent over the past 15 years.
Inflation can obscure quantitative assessments of the true cost of living, as published price indices only look at data in retrospect, so may increase only months or years later.
Inflation remained at record lows, registering 3. 7 % in 2000.
Inflation remained low, at about 3 %, while the budget surplus is expected to remain at about 1 % of GDP.
A 2003 measurement study of Internet routes found that, between pairs of neighboring ISPs, more than 30 % of paths have inflated latency due to hot-potato routing, with 5 % of paths being delayed by at least 12 ms. Inflation due to AS-level path selection, while substantial, was attributed primarily to BGP's lack of a mechanism to directly optimize for latency, rather than to selfish routing policies.
Inflation was reported to be 0. 7 % compared to 0. 8 % in 1999, and the current account deficit ( excluding transfers ) was held at less than 6 % of GDP.
Inflation skyrocketed, peaking in 1988 at more than 14, 000 percent annually.
Grant's reputation as president by 1875 was at an all-time high for his previous veto of the Inflation Bill, the passage of the Resumption of Specie Act, and Secretary Bristow's successful raids that shut down the Whiskey Ring.
Inflation held at 32 % in 2000 ; consequently, the kwacha lost the same value against the dollar over the same period.
Inflation, which ran at 240 % in 1987 and 42 % in June 1992, was 5. 4 % for fiscal year 1995-96 and 7. 3 % in 2003.
Inflation has plagued, and at times crippled, the Bolivian economy since the 1970s.
Inflation continued to eat away at the cedi's value on the black market.
Inflation, which peaked at 13. 5 % in 1981, was successfully lowered to 3. 2 % by 1983.
Inflation targeting, at least in its best-practice form, consists of two parts: a policy framework of constrained discretion and a communication strategy that attempts to focus expectations and explain the policy framework to the public.
Inflation then expanded it rapidly, freezing in these properties all over the sky ; at this point the universe would be forced to be almost perfectly homogeneous, as the information needed to change it from that state was no longer causally connected.
* Inflation at the cross roads being a history of the rise and fall of the Onlimited Trust and Confidence Company of Confedrit X roads, in a series of five letters ( 1875 )
Inflation under Bush has remained near historic lows at about 2-3 % per year.
A balloon being inflated by the Stevens Institute of Technology | Steven's Inflation Crew during training at Giants Stadium.
Most H1s are equipped with a Central Tire Inflation System ( CTIS ), which enables the driver to increase or decrease the tire air pressure at the push of a button, since lower tire pressures are more suited for off road, and higher tire pressures are desirable on-road.
* Part 1 and Part 2 of COMPARING AND ASSESSING ECONOMIC SYSTEMS, Shortage and Inflation: The Phenomenon, PPT ( PowerPoint file presentation ) at West Virginia University
Inflation reduces the relative value of previous borrowing, and at the same time it increases the amount of revenue from taxes.
* Kurland, Norman A New Look at Prices and Money: The Kelsonian Binary Model for Achieving Rapid Growth Without Inflation.

Inflation and end
Inflation throughout the 20th century made centavos essentially worthless by its end, with fractional value coins with values such as $ 50 or 2 $ 50 eventually withdrawn from circulation in the 1990s.
Inflation in 1260 caused the government to replace the existing paper currency with a new paper currency in 1287, but inflation caused by undisciplined printing remained a problem for the Yuan court until the end of the Dynasty.
Inflation, at 164. 3 % in June 2005, increased to 254. 8 % in July 2005, creating a speed-bump on the road to the government's goal of bringing inflation down to 80 % by year end.

Inflation and 1930s
Inflation rose sharply during World War I, but deflation returned again after World War I and during the 1930s depression.

Inflation and government
Inflation has been higher than in some other countries-mostly in the 10 % range-and the government has run consistent modest budget deficits.
Inflation targeting was the basis on which the Bank of England was made independent by the Blair government in 1997, the Bank's Monetary Policy Committee being made accountable for achieving the government's inflation target.
Inflation follows, allowing the sovereign to pay off or repudiate government bonds.
Major approaches include: 1 ) Paying down debt over time from income or accumulated savings, if available ; 2 ) Debt write-down or refinancing via negotiation, bankruptcy or government bailout ; and 3 ) Inflation.
Inflation in China between 1943 and 1945 was more than 1, 000 % per year, weakening the Nationalist government in China.

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