International Monetary Reform Hearings Before the Subcommittee On International
International Monetary Reform Hearings Before the Subcommittee On International
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I think it is a long, hard row to hoe before we are going to show many positive results from that office. However Mr. Stanton. A last question. JMr. Cleveland, you are an expert in this field. As we look to the near future and this question of infla- tion, I was not sure, in your answer to Mr. Johnson in comparing our rate of inflation, which we hope is temporarily out of focus; do you see, in Europe where inflation is going to continue to be a problem in the future ?
Mr. Cleveland. Yes; I thin...k very much so, IMr. Stanton. I think that, although in Germany the rate of inflation has diminished quite markedly in the last few months, this is not the case in any lasting 2a way. I think in the United Kingdom, or in France, I would guess that rates of inflation there will continue to be very high, although they will probably respond favorably to the slowdov/n in dcniaixl that we have been talking about in Europe, just as our inflation heie will presumably respond to some extent to the slowdown in demand that is now imminent, or, actually, in progress.
What to read after International Monetary Reform Hearings Before the Subcommittee On International?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
I think it is a long, hard row to hoe before we are going to show many positive results from that office. However Mr. Stanton. A last question. JMr. Cleveland, you are an expert in this field. As we look to the near future and this question of infla- tion, I was not sure, in your answer to Mr. Johnson in comparing our rate of inflation, which we hope is temporarily out of focus; do you see, in Europe where inflation is going to continue to be a problem in the future ?
Mr. Cleveland. Yes; I thin...k very much so, IMr. Stanton. I think that, although in Germany the rate of inflation has diminished quite markedly in the last few months, this is not the case in any lasting 2a way. I think in the United Kingdom, or in France, I would guess that rates of inflation there will continue to be very high, although they will probably respond favorably to the slowdov/n in dcniaixl that we have been talking about in Europe, just as our inflation heie will presumably respond to some extent to the slowdown in demand that is now imminent, or, actually, in progress.
What to read after International Monetary Reform Hearings Before the Subcommittee On International?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
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