Nobel Laureate Tom Sargent To Discuss Soaring Inflation And How To Combat It At Rice Lecture
October 18, 2022
October 18, 2022
HOUSTON, Texas, Oct. 18 (TNSres) -- Rice University issued the following news release:
For decades, the United States' inflation rate hovered comfortably around the Federal Reserve's target of 2%. That changed in 2021, when inflation begin to rise at an alarming pace. For Americans under 40, it's now the highest they've seen in their lives .
So how does this compare to the staggering inflation seen in the early 1980s and before? And what lessons can . . .
For decades, the United States' inflation rate hovered comfortably around the Federal Reserve's target of 2%. That changed in 2021, when inflation begin to rise at an alarming pace. For Americans under 40, it's now the highest they've seen in their lives .
So how does this compare to the staggering inflation seen in the early 1980s and before? And what lessons can . . .