Painless disinflation is a concept in economics that refers to a scenario where a government successfully reduces the rate of inflation in an economy without causing a simultaneous increase in the rate of unemployment. This is considered an ideal situation as it allows the economy to stabilize without causing unnecessary hardship for the workforce. To understand more about inflation and its impact on the economy, you can read about it here.
To delve deeper into the subject, consider exploring the following resources:
- Understanding Inflation Targeting: Its Methods, Advantages, and Disadvantages
- The Consumer Price Index (CPI) – A Detailed Study of CPI and its Various Types