Acknowledgements - The Inflation Enigma - Why Inflation is 'A Bad Thing' - Inflation Feedback - Inflation Feedback and Competition for Purchasing Power - Inflation and Financial Systems - The Dilemmas of Inflation-Stabilization Policy - Inflation Stabilization under External Constraint - Indexation and Dollarization - Recent 'Heterodox' Stabilization Experiences: Argentina, Israel, Brazil, 1985-89 - Toward a Theory of Self-Perpetuating Inflation - Notes - References - Index