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Wednesday, February 15th, 2012

Posts Tagged ‘ tagflation ’

Deflation, Inflation, Stagflation…Take Your Pick

Jun 20th, 2008 | By Mike Burnick | Category: Politics & Economics

The “official” inflation rate in the U.S. jumped 4.2% in the 12 months to May. That’s the fastest rate of price increases in more than 10-years – mainly due to… you guessed it: soaring food and fuel prices.