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Thread: Why Debate Over Inflation is much Ado About Nothing

  1. #1
    Havakasha is offline

    Why Debate Over Inflation is much Ado About Nothing

    Even inflation may be in the eye of the beholder.

    With the unemployment rate at 9 percent and the economy posting less-than-spectacular growth in recovering from the worst downturn in seventy years, inflation may seem an unlikely threat. But that hasn't stopped a growing number of doomsayers on Wall Street and Capital Hill from crying "Fire!".

    What's driving the thinking, however, is arguably less a matter of current and leading economic indicators than a powerful cocktail of empirical wisdom, deficit politics and ideological debate about the role and powers of the Federal Reserve in managing the economy.

  2. #2
    Havakasha is offline
    Dont forget to read this analysis of why all the yelling about inflation in the U.S. is happening now.

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