The liquidity trap: an alternative explanation for today's low inflation
In contrast with many people’s expectations, the Fed’s injection of $3.5 trillion into the economy caused no significant inflation or increases in the price level. There are many possible explanations in the mainstream; an alternative is a liquidity trap.
Year of publication: |
2014
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Authors: | Wen, 文一 ; Arias, Arias , Maria A. |
Published in: |
The Regional Economist. - Federal Reserve Bank of St. Louis. - 2014, April, 2
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Publisher: |
Federal Reserve Bank of St. Louis |
Saved in:
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