INFLATION AS AN INSTRUMENT OF MONETARY REGULATION
Inflation is one of the fundamental parameters that provide information about the progress and general outlook of an economy. The main aim of this study is therefore to evaluate economic competence in the fight against inflation using a scientific system. The more information that is disseminated ab...
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| Format: | Article |
| Language: | English |
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BİLGİTOY BİLGİ, BİLİM, EĞİTİM,ARAŞTIRMA, GELİŞTİRME VE STRATEJİ DERNEĞİ
2021-12-01
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| Series: | İmgelem |
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| Online Access: | https://dergipark.org.tr/tr/download/article-file/1970622 |
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| Summary: | Inflation is one of the fundamental parameters that provide information about the progress and general outlook of an economy. The main aim of this study is therefore to evaluate economic competence in the fight against inflation using a scientific system. The more information that is disseminated about a problem and its solution, the greater the chances of success. Because the fight against inflation is not just a fight that the central bank will wage alone. If inflation is a problem especially for the lower- and middle-income brackets, information dissemination is particularly important here. With the invention of money, the economic power that manages money struggled with inflation, which reduced the value of money. From this perspective, inflation from the past to the present has been the focus of a constant debate. On the other hand, everyone knows more or less the concept of inflation. However, there are very different opinions about its causes and consequences. So that, due to the importance of the topic, inflation, along with its causes and consequences, was viewed pluralistically in this study. Here the causes and consequences of inflation are examined, particularly within the framework of mainstream theories. This is the inflation perspective of economists like Smith, Ricardo, Marks, Fisher, Keynes, and Krugman. The problem scrutinized as part of a comparative analysis. |
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| ISSN: | 2602-4446 |