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Greg Ip: Economists Got the Decade All Wrong. They’re Trying to Figure Out Why.


The U.S. has enjoyed its longest economic expansion on record without triggering inflation as interest rates remain historically low. In the fall of 2009, the global financial crisis had only just ended, and interest rates were a mere 0.1%. Peering ahead, economists assumed the recovery would resemble previous recoveries, though a tad slower,

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Posted: December 14, 2019 Saturday 01:00 PM