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G. R. Steele
14 March 2011
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Inflation is the process whereby ‘things’ – balloons, tyres, opinions, etc. – wbecome enlarged. Deflation is the reverse process. In economics, inflation generally refers to...
John Whittaker
24 November 2010
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There does not seem to have been much confidence, even at the Fed, that its latest round of quantitative easing would do much good. Rather, the Fed’s motivation comes across as a desire to be...