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Amazon | Food and Inflation in the Middle East, 1940-1945 (1956) | Lloyd, E M H, Bennett, M K | Literary
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Lyn Alden on Twitter: "In the 1940s, inflation had three big spikes from a combo of large fiscal spending and supply constraints. The Fed held rates near 0 through them. 1940s had
![Lyn Alden on Twitter: "During the 1940s, inflation was transitory in rate-of-change terms, but after each spike in inflation, prices reached a new permanent plateau and went up from there. Cash and Lyn Alden on Twitter: "During the 1940s, inflation was transitory in rate-of-change terms, but after each spike in inflation, prices reached a new permanent plateau and went up from there. Cash and](https://pbs.twimg.com/media/E0u-sMZXsAMY4B6.png)
Lyn Alden on Twitter: "During the 1940s, inflation was transitory in rate-of-change terms, but after each spike in inflation, prices reached a new permanent plateau and went up from there. Cash and
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