Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Install
Faster access than browser!
 

Inflationism

Index Inflationism

Inflationism is a heterodox economic, fiscal, or monetary policy, that predicts that a substantial level of inflation is harmless, desirable or even advantageous. [1]

46 relations: Asset price inflation, Birmingham School (economics), Chartalism, Chronic inflation, Collective bargaining, Debt deflation, Debt restructuring, Debt-to-GDP ratio, Deficit spending, Deflation, Economic policy, Fiat money, Financial crisis, Fiscal policy, Fisher equation, Free silver, Full employment, Great Depression, Great Moderation, Great Recession, Hard currency, Heterodox economics, Hyperinflation, Inflation, Interest rate, International Monetary Fund, Japan, John Maynard Keynes, Keynesian economics, Lesser of two evils principle, Linear approximation, Modern Monetary Theory, Monetary economics, Monetary inflation, Monetary policy, Neoclassical economics, Netherlands, Nominal rigidity, Olivier Blanchard, Paul Krugman, Pete Smith (film producer), Policy, Post-Keynesian economics, Schools of economic thought, Statism, Steve Keen.

Asset price inflation

Asset price inflation is a economic phenomenon denoting a rise in price of assets, as opposed to ordinary goods and services.

New!!: Inflationism and Asset price inflation · See more »

Birmingham School (economics)

The Birmingham School was a school of economic thought that emerged in Birmingham, England during the post-Napoleonic depression that affected England following the end of the Napoleonic wars in 1815.

New!!: Inflationism and Birmingham School (economics) · See more »

Chartalism

In macroeconomics, chartalism is a theory of money which argues that money originated with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, and that fiat currency has value in exchange because of sovereign power to levy taxes on economic activity payable in the currency they issue.

New!!: Inflationism and Chartalism · See more »

Chronic inflation

Chronic inflation is an economic phenomenon occurring when a country experiences high inflation for a prolonged period of time (several years or decades) due to undue expansion or increase of the money supply.

New!!: Inflationism and Chronic inflation · See more »

Collective bargaining

Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers.

New!!: Inflationism and Collective bargaining · See more »

Debt deflation

Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people to default on their consumer loans and mortgages.

New!!: Inflationism and Debt deflation · See more »

Debt restructuring

Debt restructuring is a process that allows a private or public company, or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations.

New!!: Inflationism and Debt restructuring · See more »

Debt-to-GDP ratio

In economics, the debt-to-GDP ratio is the ratio between a country's government debt (a cumulative amount) and its gross domestic product (GDP) (measured in years).

New!!: Inflationism and Debt-to-GDP ratio · See more »

Deficit spending

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus.

New!!: Inflationism and Deficit spending · See more »

Deflation

In economics, deflation is a decrease in the general price level of goods and services.

New!!: Inflationism and Deflation · See more »

Economic policy

The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy.

New!!: Inflationism and Economic policy · See more »

Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

New!!: Inflationism and Fiat money · See more »

Financial crisis

A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value.

New!!: Inflationism and Financial crisis · See more »

Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

New!!: Inflationism and Fiscal policy · See more »

Fisher equation

The Fisher equation in financial mathematics and economics estimates the relationship between nominal and real interest rates under inflation.

New!!: Inflationism and Fisher equation · See more »

Free silver

Free silver was a major economic policy issue in late 19th-century American politics.

New!!: Inflationism and Free silver · See more »

Full employment

Full employment means that everyone who wants a job have all the hours of work they need on "fair wages".

New!!: Inflationism and Full employment · See more »

Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

New!!: Inflationism and Great Depression · See more »

Great Moderation

In economics, the Great Moderation is a term coined in 2002 to describe a reduction in the volatility of business cycle fluctuations starting in the mid-1980s, believed at that time to be permanent, and to have been caused by institutional and structural changes in developed nations in the later part of the twentieth century.

New!!: Inflationism and Great Moderation · See more »

Great Recession

The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s.

New!!: Inflationism and Great Recession · See more »

Hard currency

Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value.

New!!: Inflationism and Hard currency · See more »

Heterodox economics

Heterodoxy is a term that may be used in contrast with orthodoxy in schools of economic thought or methodologies, that may be beyond neoclassical economics.

New!!: Inflationism and Heterodox economics · See more »

Hyperinflation

In economics, hyperinflation is very high and typically accelerating inflation.

New!!: Inflationism and Hyperinflation · See more »

Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

New!!: Inflationism and Inflation · See more »

Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

New!!: Inflationism and Interest rate · See more »

International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

New!!: Inflationism and International Monetary Fund · See more »

Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

New!!: Inflationism and Japan · See more »

John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

New!!: Inflationism and John Maynard Keynes · See more »

Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

New!!: Inflationism and Keynesian economics · See more »

Lesser of two evils principle

The lesser of two evils principle (or lesser evil principle and lesser-evilism) is the principle that when faced with selecting from two immoral options, the one which is least immoral should be chosen.

New!!: Inflationism and Lesser of two evils principle · See more »

Linear approximation

In mathematics, a linear approximation is an approximation of a general function using a linear function (more precisely, an affine function).

New!!: Inflationism and Linear approximation · See more »

Modern Monetary Theory

Modern Monetary Theory (MMT or Modern Money Theory) is a macroeconomic theory that describes and analyses modern economies in which the national currency is fiat money, established and created by a sovereign government.

New!!: Inflationism and Modern Monetary Theory · See more »

Monetary economics

Monetary economics is a branch of economics that provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account.

New!!: Inflationism and Monetary economics · See more »

Monetary inflation

Monetary inflation is a sustained increase in the money supply of a country (or currency area).

New!!: Inflationism and Monetary inflation · See more »

Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

New!!: Inflationism and Monetary policy · See more »

Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

New!!: Inflationism and Neoclassical economics · See more »

Netherlands

The Netherlands (Nederland), often referred to as Holland, is a country located mostly in Western Europe with a population of seventeen million.

New!!: Inflationism and Netherlands · See more »

Nominal rigidity

Nominal rigidity, also known as price-stickiness or wage-stickiness, describes a situation in which the nominal price is resistant to change.

New!!: Inflationism and Nominal rigidity · See more »

Olivier Blanchard

Olivier Jean Blanchard (born December 27, 1948) is a French economist, professor and Senior Fellow at the Peterson Institute for International Economics.

New!!: Inflationism and Olivier Blanchard · See more »

Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is currently Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

New!!: Inflationism and Paul Krugman · See more »

Pete Smith (film producer)

Peter Schmidt (September 4, 1892 – January 12, 1979), known as Pete Smith, was an American publicist, short subject producer and narrator.

New!!: Inflationism and Pete Smith (film producer) · See more »

Policy

A policy is a deliberate system of principles to guide decisions and achieve rational outcomes.

New!!: Inflationism and Policy · See more »

Post-Keynesian economics

Post-Keynesian economics is a school of economic thought with its origins in The General Theory of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel.

New!!: Inflationism and Post-Keynesian economics · See more »

Schools of economic thought

In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a common perspective on the way economies work.

New!!: Inflationism and Schools of economic thought · See more »

Statism

In political science, statism is the belief that the state should control either economic or social policy, or both, to some degree.

New!!: Inflationism and Statism · See more »

Steve Keen

Steve Keen (born 28 March 1953) is an Australian economist and author.

New!!: Inflationism and Steve Keen · See more »

Redirects here:

Dovish (inflation), Inflationary, Inflationist.

References

[1] https://en.wikipedia.org/wiki/Inflationism

OutgoingIncoming
Hey! We are on Facebook now! »