G. W. Kolodko Danuta Gotz-Kozierkiewicz Elz Skrzeszewska-Paczek
One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything within their power to avoid inflation and, in particular, its very intensive shape, i. e. hyperinflation. However, this has not been the case. After the big inflations of the twenties and the post-war inflations of the fourties, we still witness intensive, economically, socially and politically extremely painful inflationary processes. And the eighties will be particularly engraved in history as a period in which the inflation has assumed an...
One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything wi...