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Inflation
Date Submitted: 03/06/2004 05:14:19
Length: 2 pages (601 words)
Views: 88809
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…inflation levels will decrease. Even with high interest rates our country can operate at full potential. It just eliminates the negative effects of inflation. It may not seem like the best idea right now, but the central rule of thumb in banking is that changes in monetary policy take a least a year to have impact on the economy, which means, this month's rate is aimed at applying the brakes late next year and beyond.
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