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110  Articles
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In the observations of the economy as it moved towards the great collapse of the winter of 1932-33, the elements of what happens when the market system breaks down are revealed. The work looks at the successful interventions of the 1960s and 70s, detailin... see more

The work looks at the rise in the price of crude oil, elucidating some economic implications of the issues which a large number of economies will have to face in the near future. The authors first consider the primary impact of the rise in the price of cr... see more

The paper aims to investigate instability of an economy on the threshold of a financial crisis. We will try to peek on the main variables that seem to "warn" the outbreak of a financial crisis. In fact, the bubble distorts the values of the GDP, which the... see more

To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper investigates the impact of the FX floor on ... see more

At present the ECB is striving, through its so-called zero interest rate policy, to avoid deflationary developments because, as past experience shows, a further price decay would be expected to lead to bankruptcies and be a strain on the real economy. Com... see more

Both interest rates and inflation rates in the Euro area have reached levels dangerously close to zero. By the strategy of quantitative easing the ECB has been providing ample liquidity – yet without lasting success. Several asymmetries in policy transmis... see more

The article discusses the problem of correlation of the concepts of truth and evidence in language. The author analyzes various approaches to the problem of determining the truth, considers the correspondence, semantic and deflationary conceptions of trut... see more

Repeated inflation and deflation of the balloon at high pressures with distilled water was done. By 20 minutes the balloon got deflated.

In this paper I sketch some lines of response to Mark Colyvan’s (2008) indispensability  arguments for the existence of inconsistent objects, being mainly concerned with the indispens ability of inconsistent mathematical entities. My response will dr... see more

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