0.5%-1%: China’s long-term optimal bet365 premier league odds rate
May 13, 2014 21:25 Source: "bet365 premier league odds Journal" Issue 217 Author: Yin Bo

From multiple analytical perspectives of modern economics,Inflation can generate bet365 premier league odds costs,It will also generate bet365 premier league odds benefits,The lower the inflation target is not, the better。Inflation affects bet365 premier league odds and economic welfare through many explicit or implicit channels。Some scholars have measured the welfare cost of inflation in China and proposed that keeping inflation low is conducive to improving bet365 premier league odds and economic welfare。The traditionally favored zero inflation target (complete price stability) may not be a desirable target level,The ideal situation is for the central bank to anchor an inflation level that maximizes bet365 premier league odds and economic welfare。Focusing on a low inflation target is conducive to long-term bet365 premier league odds and economic welfare,The method of stimulating the economy through inflation will do more harm than good。Research shows: in the short term,An inflation target of around 3% is optimal,Because a higher inflation target can increase output and consumption levels in the short term;In the medium to long term,Low inflation target (0.5%—1%) can minimize the loss of bet365 premier league odds welfare。

(Source: "Economics (Quarterly)" Issue 3, 2011 Sun Sanbai/Extract)

  

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