Who said, "Inflation is unjust but deflation is inexpedient. Of the two, deflation is worse "?

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Question:Who said, "Inflation is unjust but deflation is inexpedient. Of the two, deflation is worse "?

1.J.M Keynes

2.Amartya Sen

3.J.G Gurlay

4. J.N Bhagwati

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  1. Who said, "Inflation is unjust but deflation is inexpedient. Of the two, deflation is worse "?
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