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Internet Message Format  |  1993-01-25  |  588 b 
  1. Path: sparky!uunet!zaphod.mps.ohio-state.edu!pitt.edu!wbdst
  2. From: wbdst+@pitt.edu (William B Dwinnell)
  3. Newsgroups: sci.econ
  4. Subject: Re: inflation vs employment
  5. Message-ID: <2513@blue.cis.pitt.edu>
  6. Date: 26 Jan 93 02:32:16 GMT
  7. References: <8432@tekig7.PEN.TEK.COM> <1993Jan25.184133.6791@desire.wright.edu>
  8. Sender: news+@pitt.edu
  9. Distribution: na
  10. Organization: University of Pittsburgh
  11. Lines: 4
  12.  
  13.  
  14. Historically, it was believed at one time that you had your choice:
  15. inflation of prices, or unemployment. When both came at the same
  16. time, people were shocked at the resulting "stagflation".
  17.