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There was also confusion among economists about the cause of inflation.
The Communists regard the program as a cover for the major cause of inflation, deGaulle's costly force de frappe.
Economists agree that a shortage of new homes is the root cause of inflation in Dubai today.
The Republican administration was struggling to get control of the budget deficit, which it viewed as the prime cause of inflation, the nation's No. 1 problem.
Additionally, the dollar's weakness is itself a cause of inflation in developing countries, particularly those that have barely let their currencies rise against the dollar in an effort to hold on to export markets.
She correctly concluded by then that the cause of inflation was government, and that governments accommodated high-wage awards and accommodated upward pressure on prices by printing money and that came out as inflation.
Similar(40)
His doctoral thesis and much of his early research was on the causes of inflation.
As for other causes of inflation, seven interest-rate rises by the central bank have removed monetary excess, he says.
In most of the cases you cite or in others not cited, such as Mexico, Yugoslavia and Brazil, inflation continued after monetary reform, since the underlying causes of inflation remained.
"We were studying the causes of inflation, and we came to the conclusion that the causes are not in the dirham/U.S. dollar peg, therefore we need not do anything on that front," Mr. Suwaidi said.
What also attracted me to her was that she did not believe that trade unions achieving high-wage awards or employers achieving large price rises were causes of inflation.
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