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Monday, October 28, 2013

Meet The Economists Who Want More Inflation

"Some economists say more inflation is just what the American economy needs to escape from a half-decade of sluggish growth and high unemployment...Rising prices help companies increase profits; rising wages help borrowers repay debts. Inflation also encourages people and businesses to borrow money and spend it more quickly." Binyamin Appelbaum in The New York Times



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