One contributing policy that reversed reflation was the Banking Act of 1935, which effectively raised reserve requirements, causing a monetary contraction that helped to thwart the recovery.
12.
For years we have been executing reflation measures in response to American demand, and the debt of the central government has reached a level as large as the GDP.
13.
He believes in caution before reflation, wants to avoid permanent tax cuts and prefers to wait for the economy to become steady before embarking on fiscal and regulatory reforms.
14.
Bank of Korea Governor Kim Choong Soo has urged Asian countries to work together to defend themselves against the side-effects of Japanese Prime Minister Shinzo Abe s reflation campaign.
15.
But American policy should not be seen in isolation : while the Fed should be raising rates, the European Central Bank should be cutting them, and Japan needs reflation too.
16.
Just as disinflation is considered an acceptable antidote to high inflation, reflation is considered to be an antidote to deflation ( which, unlike inflation, is considered bad regardless of its magnitude ).
17.
The wing is more likely to collapse with the more maneuverable, but inherently less stable, elliptical wing, but such collapses are normally followed by an immediate reflation and often go unnoticed by the pilot.
18.
Although there were two periods of mild economic reflation ( first from 1984 to 1986 and again from 1988 to 1990 ), monetary and fiscal restraint was the essential policy orientation of the Mitterrand presidency from 1983 onwards.
19.
"The fiscal reflation cupboard is bare, " said Dave Brown, chief European economist at Bear Stearns in London, " and the only instrument they've got left is interest rates ."
20.
Although there were two periods of mild economic reflation ( first from 1984 to 1986 and again from 1988 to 1990 ), monetary and fiscal restraint was the essential policy orientation of Mitterrand's presidency from 1983 onwards.
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