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Inflation May Be the Next Dragon To Slay

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BUT FIRST, LET'S SLAY THIS ŽALTYS GREEN DRAGON THAT'S BEEN FLYING AROUND
"By most metrics, the recent recession was the longest and deepest since the 1930s. Some analysts believe that the Federal Reserve's and the federal government's aggressive actions to assist and stabilize the economy and fragile credit markets prevented an even worse outcome than actually occurred," according to a St. Louis Fed economist. "Foremost among the concerns of many is how to design a strategy that does not on the one hand raise interest rates prematurely, thereby prematurely nipping the economic recovery in the bud, while on the other hand does not keep rates too low for too long, thereby creating conditions that lead to a surge in inflation or inflation expectations."
SOURCE:   St. Louis Fed

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