Inflation: this time you can see it coming
The best course of action when corporate money buys less? Forewarned, as they say, is forearmed.
Pity the corporate treasurer of the 1970s: not only was it a time of brown décor, brown suits and smoky accounts departments, it was also a time of ‘stagflation’ as surging prices went hand-in-hand with sclerotic, low-growth economies.
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