RE: Re: RE: Re: Re: Re: Re: Current (heterodox) thi nkingoni nterestrates?

[Fleck_S <Fleck_S@xxxxxxx>]

I was playing with words, but also was thinking that disinflation was only a
situation of low inflation, not necessarily linked to low unemployment,
given that the neoclassical explanation would suggest that low unemployment
rates signal wage pressure thus 'fueling' inflation.

I think it's time to go home here in the Eastern Time Zone.

Susan Fleck

> ----------
> From: 	Jim Devine[SMTP:jdevine@xxxxxxxxxxxxxxx]
> Sent: 	Thursday, April 06, 2000 7:08 PM
> To: 	pen-l@xxxxxxxxxxxxxxxxxxx
> Subject: 	[PEN-L:17797] Re: RE: Re: Re: Re: Re: Current (heterodox)
> thinkingoni nterestrates?
>
> I wrote
> > >currently, we're having the opposite of stagflation, i.e., low
> > official  unemployment rates and low inflation.
>
> Susan Fleck asks:
> >Would that be disemployment?
>
> officially it's called disinflation.
>
> Jim Devine jdevine@xxxxxxx &  http://liberalarts.lmu.edu/~jdevine
>