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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (30672)	5/24/2002 9:43:49 PM
From: Ilaine	Respond to of 281500

If by inflation we both mean a general increase in prices, I think it's also true that an increase in population without an increase in productivity will raise prices because of competing demands for goods. And Europe did experience a population boom after the Black Death was over. But I am not arguing with you, just pointing out additional factors. I don't dispute the monetarist point of view, I just think it's not an either-or situation. The inflation was not just in Spain, by the way, it was all over Europe.