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Letters: What we knew about inflation then, and what we ignore about it now

Por: The Advocate Opinion September 17, 2022

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The stock market is a wreck because inflation is worse than expected.When I was a freshman at LSU in 1963. I took a course in basic economics. In that course, we learned that has an economic impact as much as three times the impact of private sector spending and that excessive government spending is inflationary in nature.Six decades later, the Ph.D. economists who are part of the Federal Reserve, those advising Congress, and those making a... + full article



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