value of all of your savings. that s why high inflation has been so often associated with political turmoil from germany in the 1920s to iran in the 1970s to latin america in the 1980s. we forget now as recently as the 1980s, inflation was rampant across much of the world. countries like brazil, argentina and peru had inflation rates that were measured in the thousands of percent. the united states kicked off the decade with over 12% inflation. and in european countries like italy, it rose above 20% and most of these countries, the cause was some combination of large government deficits, lax central bank policies and external shots like the oil crisis of the 1970s. these crises produced a policy revolution. central banks became more independent and focused on taming inflation. governments in the developing world became more fiscally
الفصائل تنعي شهداء الضفة وتلوح بـ خيار المقاومة والرصاص وإسرائيل تخشى ردا عسكريا من غزة
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فلسطين - الجهاد الإسلامي: آن الأوان للعودة للنهج الكفاحي الأ
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