Revision as of 22:10, 23 June 2015 edit Vanamonde93 (talk \| contribs) Autopatrolled, Checkusers, Oversighters, Administrators 78,369 edits Reverted 1 good faith edit by 2620:101:F000:700:0:0:0:D23 using STiki ← Previous edit		Revision as of 19:37, 8 January 2016 edit undo 64.72.140.138 (talk) Removed false "critique", as it moved from statement on view of monetarism to declarations of ideological stance as fact. Also, lack of citation Tag: section blanking Next edit →
Line 11: Demand-pull inflation is in contrast with [[cost-push inflation]], when price and wage increases are being transmitted from one sector to another. However, these can be considered as different aspects of an overall inflationary process: '''demand-pull inflation''' explains how price inflation starts, and cost-push inflation demonstrates why inflation once begun is so difficult to stop.<ref>http://oxfordindex.oup.com/view/10.1093/oi/authority.20110803095709229 OxfordIndex, A Dictionary of Economics</ref> ~~== Monetarist critique ==~~ [[Monetarism\|Monetarists]] hold that inflation is always and everywhere a monetary phenomenon. Creating money in excess of demand leads to inflation and is its only cause. Demand-pull inflation is a theory that simply does not exist in reality. ==See also==

Demand-pull inflation: Difference between revisions