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Find Reagan on this chart [View all]
Were working people making more relative gains on the left side of this mountain, or on the right side?
What, if anything, does this say about the position of labor in an inflationary environment versus a deflationary environment?
In every economic chart it is easy to spot the deflection point of 1978-1982. The global economy changed at that point. Was it for the better or for the worse? And why?
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