What sustainable or true growth israel telegram data will be is determin by the objective capabilities of the economy. That is, the available resources, including labor, and the efficiency of their use, as well as the development of new technologies, structural policy, and
At high rates of price growth, economic
Growth will be unsustainable. Why? Because if everyone knows that inflation is high and will remain high for a long time, then depositors and investors will demand higher deposit rates, otherwise they will become poorer. And this will directly translate into high interest rates on loans, as well as bond yields.
The availability of long-term crit will ultimately be less when inflation is high than when it is low. And this will not spe up long-term growth; on the contrary, it will slow it down.
Incidentally, this very misconception
Higher inflation can be exchang for additional economic growth — was the cause of stagflation in the US exceptional customer service: how to train your team and Europe in the 1970s . For Americans and Europeans, it was a difficult time with high unemployment and rising crime, which was reflect, among other alb directory things, in popular culture. To suppress inflation, the US had to raise the rate to 20% in the early 80s and go through two recessions in three years.