Is it inflation or just a price increase?

ColoradoBizVol. 35 Nbr. 2, February 2008

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The ECONOMIST - Trends in consumer price indexes

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Is it inflation or just a price increase?

"You economists just don't understand what's important," said the photographer, settling down for a chat after an hour of PR shots. "It's not inflation that people are worried about. It's that prices are going up."

That co...

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