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Ardent Listener
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USA
4841 Posts |
 Posted - 05/01/2011 : 15:40:28
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Stagflation. It’s Back.
April 28, 2011 4:41 P.M.
By Larry Kudlow
Stagflation officially returned today with a nasty GDP report that showed only 1.8 percent real growth, but 3.8 percent for the consumer spending deflator. It’s a mini version of the 1970s: low growth, higher inflation............
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Stagflation is back
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