Inflation may be bad for consumers, good for deficit and jobs

by an Unemployed White Male on February 18, 2011

in Business & Economy,Politics & Government,Recession

Forget deflation. U.S. consumer prices jumped in January for the second month in a row — and it wasn’t just soaring costs for gas and food. Americans are beginning to pay more for clothes, rents and travel, new data released Thursday show.

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