Inflation ond Personal Saving |
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| Authors: | Victor Morgan |
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| Institution: | E. Victor Morgan is Chairman of Economists Advisory Group and a member of the IEA's Advisory Council. He was Professor of Economics at Reading, Manchester and the University College Swansea. |
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| Abstract: | What are the consequences of the decline in the personal savings ratio? Professor Victor Morgan argues that contrary to claims by the government, amongst others, the decline in the savings ratio could have serious consequences for inflation. |
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