Quote:
Originally posted by Mmmm, Burger (C.J.)
Growth caused by deficit spending or loose money will create inflationary pressures. Growth from a strong economy does not (or need not).
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I think this is the holy economic grail -- getting a strong economy without the inflationary pressures. Back in the day, my senior research paper was a compare/contrast of the policy decisions that led to a high inflation / high growth economy in France and a low inflation / low growth economy in Germany (you can date me from this) -- the question being, could anyone but the Japanese, with their odd, export-oriented economy, ever get to a low inflation, high growth economy.
We did during Clinton's term. Ah, those were the days.
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