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Next Shift with Gabriel Winant

The Dig

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Is There a Relationship Between Steel Prices and Inflation?

By the end of the korean war, America's steel industry had become tremely over built in its capacity. There is increasing concern about a relationship between steel prices and general inflation. This puts political pressure on the steel stry to constrain its price increases. And this generates a kind of like on going at some ways low level, but very intense from the perspective of workers.

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