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For Bernanke's generation, the great inflation served as a bookend to the 1930s.
Commencement of inflation served as the BD induction time (BIT).
That's interesting -- in 2010, the supposed slowness of food price inflation served as justification for using future food stamp budget allocations on other purposes.
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Cosmic inflation serves a number of useful purposes.
We have seen this with the governments in South Africa and Brazil for example, running economic policies to contain inflation, serving to create a low growth, low employment regime.
More aggressive action by the Fed could help boost us out of this slump — in fact, even Republican economists have argued that a bit of inflation might be exactly what the doctor ordered — but deflation, not inflation, serves the interests of creditors.
Such inflation has served to disguise the truth about bonuses.
The fear of inflation also served as a constraint on price reform.
Capital gains taxes that aren't indexed to inflation also serve as an implicit wealth tax, because they dig into the body of a person's capital.
However, slower-than-expected inflation could serve to give advocates against the so-called "taper" ammunition.
Osborne says the inflation target has served Britain well.
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