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Comments on stylized facts of globalization and world inflation

Author

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  • Richard W. Fisher

Abstract

"In today's world, where investors can move their funds instantly from one currency to another to avoid depreciation, the price central bankers pay for high inflation is much higher than in the past. Understanding this, you can see why I am a steadfast inflation-fighting owl." ; Remarks for a panel discussion at the International Symposium of the Banque de France on Globalisation, Inflation and Monetary Policy, Paris, France, March 7, 2008.

Suggested Citation

  • Richard W. Fisher, 2008. "Comments on stylized facts of globalization and world inflation," Speeches and Essays 31, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:31
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    File URL: http://dallasfed.org/news/speeches/fisher/2008/fs080307.cfm
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