Sentences with phrase «resources leads to inflation»

Argues on a popular view of resource use a la the Phillips curve — that overuse of resources leads to inflation.

Not exact matches

This would likely lead to further pressure on labor resources, higher wages and, over time, somewhat higher inflation.

The experience of many nations has demonstrated that relying on domestic currency creation to finance government expenditures results in excessive inflation, erodes the value of a country's currency and often leads to a misallocation of scarce resources.

In addition, growing economic activity adds to demand for all types of resources which leads to inflation.