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Inflation InflationWritten by: Wade DowdyWritten for: Ruth SchaaMacroeconomicsMonday/Wednesday 11:00 A.M.February 26, 2014 Inflation Inflation has had a definite effect on the global economy. Inflation affects everything from employment and the price of anything that you purchase. Since the recession ended in 2009, Americans still struggle with high unemployment, low wages, and a slow economy. One thing that.