Solved: What is meant by a painful path why would letting inflation, Microeconomics

What is meant by a painful path why would letting inflation

We cannot afford to take any major risks with inflation. If we let inflation get away on us again, even for just a while, the path back to price stability will be even more painful than it has been during the last few years.

What is meant by a painful path?
Why would letting inflation get away for only a while require a painful return?

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Microeconomics: What is meant by a painful path why would letting inflation

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Microeconomics: What is meant by a painful path why would letting inflation

Reference No:- TGS02845042

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