The Dangers Of Inflation
This is the first 1,000 characters of 428 words (1.71 pages) in the essay titled The Dangers Of Inflation
|The Dangers of Inflation
The article Time To Pop The Party, written by Bernard Baumohl, demonstrates that
inflation is a inevitable occurrence in our society. Even though the United States economy
continues to grow and prosper it still faces the problem of inflation. Some people describe
inflation as the decrease in the value of a doller. During a period of inflation the general price
rises. In its extreme form inflation can have catastrophic effects on a nation.
No matter how much a nation may thrive economically it still must face the problem of
inflation. As shown in the article Time To Pop The Party the United States is under going a
unprecedented economic time of prosperity. The United States has been increasing its gross
domestic product every year for the past eight years, which is the longest in the history of the
United States. Consumer spending has increased and unemployment is at a record low. After all
this economic su...
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