The great turnaround
The New Bazaar
00:00
Is It Possible to Reduce Inflation Too Quickly in Developing Countries?
Inflation is a good idea when it's too high, but the same idea doesn't apply in every different country. When countries go from 50% inflation to 15%, that can improve their economy. But not necessarily if they are already at or below 10%. The united states has been having a major public hang ringing contest over whether we're going to be where brazil was in the 19 nineties.
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