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Review & Outlook: How Inflation Taxes the Poor


A lesson for Americans from Britain’s dismal price data. The United Kingdom on Wednesday reported its highest inflation rate since 1982, and welcome to the 40-Year Club alongside the U.S. A new generation on both sides of the Atlantic is learning how erratic price swings can wreck an economy. And in that spirit, a brief research note from a

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Posted: May 18, 2022 Wednesday 06:32 PM