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Federal Reserve Bank of Cleveland
Economic Commentary
Do deficits cause inflation?
Owen F. Humpage
Abstract

An examination of possible ways in which large, persistent federal budget deficits could cause inflation through action on money-stock growth, velocity, and real gross national product (GNP).


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Owen F. Humpage, "Do deficits cause inflation?" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Nov, 1982.
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Keywords: Budget deficits ; Inflation (Finance) ; Debts; Public
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