Morawski, Wojciech - In: Acta Oeconomica Pragensia 2007 (2007) 7, pp. 288-303
status quo rather than stimulation. Deflation, apart from slowing down the dynamics of agricultural reforms, was the main … Romania and Bulgaria. In 1924 minister Grabski's decision to set the mark to zloty exchange rate at 1.8mln:1 made deflation … supply. They chose the latter. The next time when Poland followed the way of deflation was during the Great Crisis when it …
