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Brian Domitrovic: A Martian Assesses The Great 1970s Inflation
Inflation of some 8.5 percent is now the highest the United States has seen in 40 years–since the last burst of the Great Inflation of the 1970s and 1980s. That was when inflation was regularly 8.5 percent, when not well into the double digits, including in 1974 and in three consecutive years, 1979-81. Today we hear that central bankers
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Posted: August 27, 2022 Saturday 04:38 PM