Why we’re on the path to a ’70s-like inflation disaster ...Middle East

New York Post - Opinion
Why we’re on the path to a ’70s-like inflation disaster
source : New York Post ( Middle East ) () 69
There’s a simple reason why inflation is increasing: If the money supply rises while the demand for goods and services stays steady, the value of money will go down, which means that the price of everything else will go up.  And with the federal government issuing stimulus checks and unemployment bonuses, while the Federal Reserve...

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