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Inflation-Free Growth Is Too Good to Last

Inflation and higher interest rates could cool world markets

By Sam Gale Rosen, Newser Staff

Posted Jun 6, 2007 2:54 PM CDT

(Newser) – Globalization and access to low-cost labor has allowed the world economy to grow without high inflation, but this economist's dream may soon end, the Wall Street Journal predicts in a cautionary report. Demand for everything from workers to lumber is increasing, raising prices—and the... Read full story »

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Inflation-Free Growth Is Too Good to Last

Inflation and higher interest rates could cool world markets

inflation • globalization • labor • global economy • US economy • interest rate

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