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Stagflation being a period of slow growth, somewhat high unemployment, and a rise in inflation should be more of a concern than just a few weeks of press and then forgotten about.
According to the Department of Labor, consumer prices are up over four percent over the past year. This figure does not include the price of food or energy which is also up significant levels. While current inflation is not the inflation that occurred in the 1970’s, it is still cause for concern especially when they are predicting commodities such as gas prices to go up to over $4 a gallon this summer. Other commodities have been on the rise too...
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Common topics in this essay:
- Current Economic Climate
- Federal Reserve
- Federal Reserve
- Federal Reserve
- Federal Reserve
- Federal Reserve
- Federal Reserve
- Federal Reserve
- The Major Challenges Of The Canadian Federal Government: The National Debt And, Trade / Economic Growth
- Federal Reserve Act
- Federal Reserve
- Federal Reserve Act
- THE FEDERAL RESERVE'S CURRENT
- federal reserve and inflation
- The Federal and State Minimum Wage Growth, and Inflation
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