Moreover, the experimental economies did not exhibit divergent inflationary paths in cases of deficit values and initial conditions for which least-squares did not converge.
The inflationary expectations of yet another group had begun to cause concern.
They introduced new and similar mechanisms for inflationary adjustments.
It feared the inflationary effect of credit expansion.
Such hothouse growth aggravated inflationary pressures, already rising because of excessive monetary liquidity from wartime currency creation and immediate post-war reconstruction.
Inflation did pick up somewhat after the presidential election, perhaps because of inflationary expectations created by the ballooning of government debt.
Strictly, a lower rate of investment or diffusion does not tell us that inflationary effects are lower.
Once inflation has picked up, however, firms' inflationary expectations rise.
