2 ms·
It would not be inflationary - inflation is a monetary phenomenon - not a fiscal one. Wages might go up, which results in higher prices, but that is not the sa
by Stronico 7y ago
It would not be inflationary - inflation is a monetary phenomenon - not a fiscal one. Wages might go up, which results in higher prices, but that is not the same thing as inflation (which is a GENERAL increase in prices and fall in the purchasing power of money).