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What Causes Stagflation?
16.06.2024, 15:20 Uhr. ZeroHedge News - https: - What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Phelps and Friedman, loose central bank policies set the platform for lower economic...
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