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Inflation in August was 1.6%.
Germany experienced hyper inflation in the 1920s.
Inflation in recent months has been zero.
Higher inflation in Britain reduced real wages.
But inflation in China is quite low.
Inflation in most countries remains well contained.
The lowest inflation in a generation.
And if they expect rapid inflation in the future, inflation in the present should rise.
Excluding energy, core inflation in May was 1.3percentt.
"There's been tremendous grade inflation in Swedish schools," he said.
Already on the rise worldwide, inflation in Iran skyrocketed.
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