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How the banking system is creating a two-way inflation in an economy
Here we argue that due to the difference between real GDP growth rate and nominal deposit rate, a demand pull inflation is induced into the economy. On the other hand, due to the difference between real GDP growth rate and nominal lending rate, a cost push inflation is created. We compare the perfor...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7117694/ https://www.ncbi.nlm.nih.gov/pubmed/32240180 http://dx.doi.org/10.1371/journal.pone.0229937 |