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Alan Blinder: Don’t Worry Too Much About the Inflation Surge
We may be stuck with inflation above 2%—maybe even above 3%—for a while. If you’re worried about a return to the double-digit inflation of the 1970s and ’80s, relax. There is a lot of angst these days as a result of the stunning 5% inflation rate (for the year ending May 2021) in the last consumer-price index release. We haven’t seen a
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Posted: July 7, 2021 Wednesday 12:09 PM