Sentences with phrase «creating runaway inflation»

The period came to be known as the Goldilocks economy — hot enough to grow near potential, but cool enough to avoid creating runaway inflation.

The period came to be known as the Goldilocks economy — hot enough to grow near potential, but cool enough to avoid creating runaway inflation.

And even though mainstream economics now blames the Federal Reserve and the Bank of France for the intensity of the Great Depression and acknowledges that too many central banks have created runaway inflations, mainstream economists have been slow to answer the challenge that free banking theory now poses to central banking.