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Home / Columns and Features / Inflation, interest rates and a day of reckoning (access required)

Inflation, interest rates and a day of reckoning (access required)

In the relatively short period from the Great Recession of 2008-2009 to the pre-COVID-19 period ending February 12, 2020, when the Dow Jones Industrial Average reached an all-time high of 29,569, our national debt increased from approximately 8 trillion to 23 trillion dollars. In the wake of the COVID-19 crisis, many have speculated it will ...

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