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Expert: Reckless U.S. fiscal policy in early 2021 makes matters worse
03:13

The U.S. economy is facing more challenges as inflation surged to 9.1 percent in June, the highest rate in 40 years. Several countries have registered record high inflation over the past few months. David Blair, the vice president of the Center for China and Globalization, said the reckless fiscal policy of the U.S. in early 2021 makes the issues worse.

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