00924pab a2200169 454500008004000000100001900040245003800059260000900097300001500106362001000121520044300131650001400574773003400588909001000622999001700632952010500649180718b2000 xxu||||| |||| 00| 0 eng d aD'Souza, Errol aA fiscalist approach to inflation c2000 ap.2840-842 a5 Aug aThere has been increasing advocacy of expansionary fiscal and monetary policy as the inflation rate has been at a historical low. It is argued here, however, that with the private sector's absorption of public debt having reached an upper limit, monetary financing of the fiscal deficit has become endogenous. The current low rate of inflation is shown to be the result of the prevailing mode of financing the fiscal deficit. - Reproduced aInflation aEconomic and Political Weekly a45701 c45701d45701 00104070aIIPAbIIPAd2018-07-19hVolume no: 35, Issue no: 32pAR46125r2018-07-19w2018-07-19yAR