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The Fed and its Impact on Inflation - Forbes.com

Posted by mwarden 1105 days ago, popular 1104 days ago (http://www.forbes.com)
Category: Economy | Tags: fed federal reserve forbes ron paul
A so-called "mild" rate of inflation of 3% per year leads to a 56% rise in prices over a 15-year period. Even a "low" rate of inflation of 2% per year leads to a 35% rise over that same period. How is that conducive to long-term growth?
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