To them, the reflation plan calls for taking an easy and dangerous way out.
2.
The fiscal reflation cupboard is bare,
3.
"The Japanese government's plans for economic reflation are based on a weaker yen.
4.
In the event of a shock to the financial system, the appropriate monetary policy might require a temporary reflation.
5.
This higher than normal inflation is considered reflation, since it is a return to trend, not exceeding the long-term trend.
6.
Some economists have also called attention to the positive effects from expectations of reflation and rising nominal interest rates that Roosevelt's words and actions portended.
7.
"At least one widely respected member of their equivalent of the Fed's Open Market Committee has publicly supported reflation, " he said.
8.
Now the government fears adding to its debt burden _ the result of years of stagnation and contraction, note, not of years of seriously attempted reflation.
9.
Later commentators do not in general believe that reflation is sufficient, and primarily propose two solutions : debt relief particularly via inflation and fiscal stimulus.
10.
Fiscal reflation combined with monetary easing _ " monetization " of the deficit _ would increase debt held by the central bank, not by the public.