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Why the Inflation Rate Isn’t as Bad as You Think

>> Read op-ed published by The Progressive Magazine

PERI's James Boyce argues that inflation has actually eased in recent months, and that "fevered reports of runaway inflation are misleading, with political repercussions that could go well beyond number games." He posits that the causes are varied, including supply chain issues, the war in Ukraine, and corporate greed.

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