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Stopping three big inflations (Argentina, Brazil, and Peru) (anglais)

Much existing literature fails to recognize that high inflation (annual rates in three digits) is a distinctly different phenomenon from moderate inflation and hyperinflation. The failure to understand the specific features of the inflation process in the chronic high inflation economies has many times led to a wrong diagnosis of the underlying reasons for changes in inflation in those economies, and the policies needed to stabilize prices...
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