Inflationary Price Period

An Inflationary Price Period is a price period with an inflationary price rate.

• Example(s):
  • U.S. Late 1910s.
  • …
• See: Deflationary Period.

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References

2020

• https://www.stlouisfed.org/education/feducation-video-series/episode-1-money-and-inflation
  • QUOTE: ... On the other hand, during an inflationary period, V might increase as people rush to make purchases before prices rise too much — so the money supply might turn over faster — and keeping M and Q constant, P might increase as well, leading to even higher prices and further inflation. …

2014

• https://www.bls.gov/opub/mlr/2014/article/one-hundred-years-of-price-change-the-consumer-price-index-and-the-american-inflation-experience.htm
  • QUOTE: ... Monetary policy during the era was expansionary and surely contributed to the inflation of the time. Money supply measures roughly doubled from 1914 to 1919, with gross national product rising only by about a quarter.10 Fiscal policy featured both massive borrowing, much of it in the form of “Liberty Bonds,” and an extensive set of tax increases and surtaxes.11 Whatever the explanation, the late 1910s stand as the most inflationary period in U.S. history. …

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