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Understanding Inflation in the 16th and 17th century
Manage episode 412509572 series 3480774
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Inflation continues to dominate headlines so today we'll take a look at the longest inflation period in history. During the 16th and 17th centuries, inflation ran rampant for a number of reasons which include excess demand, currency debasement and a supply shock. After going over these three factors we take a look at its impact on the period.
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