Finance, Forex and Investments

Which of the following is not an argument against requiring the central bank to aim for zero inflation?

a. Bonds can be indexed for inflation. b. Some economists believe that the social costs of moderate inflation are small. c. The costs of fighting inflation fall heaviest on those least able to afford them. d. Disinflation cannot leave permanent scars on the economy.

Public Comments

1. e. Do your own homework, Einstein.