Quotes About Reflation

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

modern terms, what Law was attempting could be described as reflation. The French economy had been in recession in 1716 and Law's expansion of the money supply with banknotes clearly did provide a much-needed stimulus.52