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–232). The advantages politicians and bureaucrats derive from an expansionary monetary policy, thus, can explain a great part of the pro-inflationary and anti-deflationary bias. However, there is another reason why politicians fear deflation. Deflation

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. Lerner , J. ( 2002 ): When Bureaucrats Meet Entrepreneurs: The Design of Effective ‘Public Venture Capital' Programs . The Economic Journal , 112 ( 477 ): F73 – F84

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. PLoS ONE 3 11 e3804 . Metze , K 2010 Bureaucrats, researchers, editors and the impact factor: A vicious circle that is detrimental to science . Clinics 65 10 937 – 940

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business‐without any warning. No severance, nobody to sign the employment statement that EI—Employment Insurance Canada—wanted. After weeks of filling out forms and going from one stubborn bureaucrat to another, you finally you got them to accept the pay

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