Should we be worried about the return of inflation?
The Inquiry
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History and Inflation - Part Two
Inflation is at its highest level for over a quarter of a century. And the response of america's policy makers is that it's not a good time to raise interest rates. To help us understand why there are differences of opinion, it would help to refer to history, part two, history and inflation. There's no simple parallel. We can't just say, i uknow this is like period x all over again, and therefore we can do the same thing"
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