Prof. Constantin ANGHELACHE, PhD
Academy of Economic Studies Bucharest, „Artifex” University of Bucharest
Cristina SACALĂ, PhD Student
Academy of Economic Studies, Bucharest
Abstract
The study presents some key theoretical elements and interpretation regarding the inflation. This is one of the most important phenomena that affect a free economy. The authors consider several theoretical approaches on inflation and formulate their own opinions on the matter. The comparison between these approaches allows further insight and knowledge on this phenomenon.
Key words: inflation, doctrine, economist, classical, nominal
