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T

Tripole

Invitado
Creo que en estos momentos dificiles todos debemos estar con el
 
In the 1960s, Bretton Woods begins to unravel.
– President Lyndon Johnson tries to finance both his “Great
Society” programs at home and the American war in Vietnam.
– This produces a large US Federal budget deficit, which, coupled
with easy monetary policy, results in:
• High inflation in the United States and
• An increase in U.S. spending for cheaper imports
 
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