15 lines
1.3 KiB
JSON
15 lines
1.3 KiB
JSON
{
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"HubID": "5059",
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"Date": "12/26/2024",
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"HubTags": [
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"External Platform Posts",
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"Future Map Forward Guidance",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5059__Image_URL.jpg",
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"Summary": "<p>A great glimpse into inflation using Campbell's Condensed Tomato Soup Soup, and prospects on food prices for the future.</p><p>This graph offers a fascinating look into inflation trends over more than a century using the price of Campbell's Condensed Tomato Soup as a measure. From the early 1900s to the 1970s, inflation for this item was virtually non-existent, with prices remaining remarkably stable. However, starting in the 1970s, the graph reveals a steep and sustained upward trajectory, with inflation accelerating at an increasing pace.</p><p>Can we expect a return to the stability of the pre-1970s growth curve? </p><p>Nope. </p><p>Inflation is poised to intensify in the coming decades due to several compounding factors, including the economic impacts of climate change, the constraints on natural resources, and the indirect costs tied to the necessary reindustrialization efforts within the United States. </p><p>These pressures suggest that rising prices, like those shown in the chart, are a long-term trend we must prepare for.</p>",
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"Notes": ""
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} |