​​A playbook from the 1980s for dealing with inflation Across | Business Finance News USA Edition

​​A playbook from the 1980s for dealing with inflation

Across the rich world consumer prices are rising by 10% year on year, the highest rate since 1983. That year holds a special place in the history books. It was the final year, after many, in which annual inflation was in double figures. Thereafter it moved downwards, paving the way for the low inflation of the 1990s.

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