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2. INFLATION - Examining Economic Affordability Inflation And Policy - JOHN COCHRANE 102226
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1900 R.H.MACY Examining Economic Affordability Inflation And Policy John Cochrane addresses American misconceptions regarding affordability and inflation, criticizing populist demands for price controls and government subsidies. He highlights higher American living standards compared to Europe while arguing that sustainable price stability requires federal fiscal discipline, entitlement reforms, and curbing runaway deficit spending to defeat persistent underlying inflationary pressures. (2)