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Pricestabilityandeconomicgrowth.Forachangeinthedoctrinalfoundationsofmonetarypolicy
presentedverybriefly.Andsoinflationisunderstoodasanincreaseinprices
ofcommoditiesandconsumergoods(pricerise)fromoneperiodtoanother
andeconomicgrowth-asanincreaseintheGDPrealvaluefromoneperiod
toanother.Althoughinsomecircumstancesdińerentiatingtheformsofindices
adoptedforanalyticalpurposes(e.g.dińerentiationbetweencurrentinflation,
baseinflation,etc.)maybejustifiedorevenindispensable,itwouldnotchangethe
natureofconclusionsresultingfromthisworkthecontextofwhichisdefinitely
macroeconomic.
Tisbookusesextensivelytheresearchresultsandtheirdescriptionscon-
tainedinmyworkentitledPriceStabilizationPolicyandCounteractingReces-
sion.DilemmasofContemporaryMacroeconomics,publishedinPolishbyPolskie
WydawnictwoEkonomicznein2018.Tecontentofchapter7hasbeensignif-
icantlychanged(updated),thebookhasanewintroductionandanextensive
epilogue.
Obviouslythisworkwouldnothavebeenwrittenifnotthekind-heartedhelp
ofmanyofmycolleagueswhoIdiscussedparticulartheseswithduringnumerous
academicmeetings,seminarsandconferencesandotherswhohelpedmeinedito-
rialandtechnicalissues.IwouldliketoespeciallythankDr.KatarzynaBrzozowska
-RupfromtheDepartmentofEconomicsandFinanceoftheKielceUniversityof
Technologyforherhelpasregardsmethodologicalandinstrumentalpreparation
ofanannextoChapter7.IowemygratitudetomgrAgataCiferforherassistance
withdataprocessing.Lastbutnotleast,manythankstomgrRomualdCzarnecki,
fromthetechnicalandscientificstańoftheFacultyofEconomicsandFinanceat
UTHRadomforhisinvaluableeditorialandtechnicalwork.Manythankstoall
whocontributedinanywaytothecreationofthisbookandwhowerenotmen-
tionedherebyname:discussionparticipantsduringconferences,reviewersofmy
academicpaperswhoseremarksenrichedmyresearch;studentswhowrotetheir
diplomaprojectsinconnectionwiththeresearchedproblems.Naturallyallthe
drawbacksofmytextshouldbeexclusivelyblamedonme.Sincerethankstothe
KielceUniversityofTechnologyandP.W
.Karabelasp.zo.o.forfinancialsupport
duringthepreparationandpublicationofthisbook.
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