ABSTRACT
The word "stabilization" came into current use after the end of the war, but besides being much misused it did not express the phenomena to which it referred. It could mean that after the monetary inflation had finished, the various phenomena were "stabilized" in the positions reached during the inflation itself. But, as Professor Del Vecchio rightly observes, stabilization is a dynamic and not a static process. "In the inflation period the entire monetary system was out of equilibrium precisely because the various elements of the system did not move together. Then when the time for stabilization comes, the various elements must be put in equilibrium, which must certainly be a dynamic action." †
