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Lucas J. Meyer - Extraordinary Inflation?

Reader comment on item: [Saudi Arabia:] Not Friend or Foe

Submitted by Bob (United States), May 15, 2002 at 06:57

In your comments about the extraordinary expansion in money supply in the early 70's, you should remember also the long gas lines all over the country, and the fact that the HIGHEST inflation rates recorded during this period, and it's subsequent - WIN (Whip Inflation Now) buttons, was 4 1/2 pct.

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