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Financing Government Through Monetary Expansion and Inflation
1975
Review
Preserved Fulltext
goods and services. To the extent that anticipation of inflation has this effect, monetary expansion and inflation become less effective means for the Government to acquire and transfer resources, Limits to the effectiveness of inflationary finance are discussed in the last major section of the paper.
doi:10.20955/r.57.15-23.ctb
fatcat:bnd7omqxuzgyfk3a6452qlbza4