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Art market and stagflation; Spain’s historical memory; Dürer plate remade by Goldin + Senneby
The Week in Art
The Art Market and the Future of Inflation
Stagflation is when prices rise, inflation goes up and we also have a recession. Central banks for the last 18 months or so have been racing to push up interest rates at a faster rate than I think previously in order to quell inflation. And now it's a point where we're hoping that inflation is on the way down, but last month, core inflation rose again. So everybody's on tent hooks to see whether that will come down, allowing some pressure to be taken off.
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