On the recordJanuary 6, 2011
I would just point out that we learned in the 1970s that we can have a lot of slack, weakness in the economy, and still have very high inflation.
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congress.govI would just point out that we learned in the 1970s that we can have a lot of slack, weakness in the economy, and still have very high inflation.
Toomey expresses concern about inflation despite economic slack.
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