PREVIEW

... esident who was born as an actor.

   There was a worldwide economic crisis in the 1970s, and the United States was not immune to it. The entire developed capitalist countries have been trapped in stagflation, which lasted for 10 years.

  The so-called stagflation is a term in economics, which refers to the coexistence of economic stagnation and inflation. The emergence of this phenomenon has led to the bankruptcy of Keynesianism, which has long been the mainstream of economics.

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