Age of Inflation Continued - By Hans F. Sennholz

In 1978, when the last pages of Age of
Inflation were penned, the annual inflation rate
was on the rise. It peaked in 1980 at 13.58%,
before declining to a low in 1998 of 1.55%.
Today, inflation is on the rise again, but this
time, the U.S. has new problems as the world's
largest debtor. A new generation must cope with
the ageless problem called inflation. The
answers are different from those that worked
during the early 1980's. To understand today's
problems and solutions, see Age of Inflation
Continued.