id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
elp-1756	Matte, Rogers	Inflation Thresholds, Economic Growth and Investment Planning In Uganda	2019	18	.pdf	application/pdf	7100	293	49	During inflationary periods, money is redistributed from holders of money balances to governments (through monetary authorities – inflation tax) to expand public investment programmes, thus increasing growth High inflation rates raise the cost and risk of productive capital and may lead to misallocation of funds to less productive investments that act as a hedge against inflation … Neoclassical and endogenous growth inflation affects capital accumulation and investment; “ “ High inflation leads to speculative trade and capital … www.scholink.org/ojs/index.php/elp Economics, Law and Policy Vol. 2, No. 1, 2019 63 Published by SCHOLINK INC. Theory Nature Inflation and growth Criticism Emphasis outflows affecting growth Monetarist the role played by monetary growth in determining inflation – from the quantity theory of money There is neutrality of money, with inflation rate having no effect on the growth rate as well as the level of output. High inflation erodes the value of money and affects economic welfare of low income earners.	cache/elp-1756.pdf	txt/elp-1756.txt