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How Argentines Cope With Inflation That’s 64% and Rising
As countries across the world try to cope with rising prices, there is perhaps no major economy that understands how to live with inflation better than Argentina. The country has struggled with rapidly rising prices for much of the past 50 years. During a chaotic stretch in the late 1980s, inflation hit a nearly unbelievable…
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Global Central Banks Ramp Up Inflation Fight
Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of goods and services, setting the global economy up for a lurch toward more expensive credit, lower stock and bond values and — potentially — a sharp pullback in economic activity. It’s…
