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Inflation
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<blockquote data-quote="Up In Smoke" data-source="post: 5601444" data-attributes="member: 79702"><p>We didn't see inflation in 2008-12 because of high unemployment numbers. Demand was suppressed because of flat wage growth, one of the greatest drivers of inflation. Economist agree that inflation is a lagging measure which takes 12 to 18 months after an economic event takes place. The current inflation cycle began in the spring of 2021, meaning the economic event that spurred inflation occurred in late 19 or early 20.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5601444, member: 79702"] We didn't see inflation in 2008-12 because of high unemployment numbers. Demand was suppressed because of flat wage growth, one of the greatest drivers of inflation. Economist agree that inflation is a lagging measure which takes 12 to 18 months after an economic event takes place. The current inflation cycle began in the spring of 2021, meaning the economic event that spurred inflation occurred in late 19 or early 20. [/QUOTE]
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