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Steel Prices And Inflation

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Steel Prices And Inflation
Every time you buy a product sold by some big-shot company, you are investing in the economy. If that product was gas, it is known that the prices for the fuel changes on a daily basis. Those fluctuations in gas prices,though, affect the entire economy. John F. Kennedy made this fact very clear about steel prices in his remarks at a news conference on April 11, 1962. His comments included personification and repetition to stress his point that the rise in steel prices negatively affects the economy, especially during a recession.
America is dependent on the circulation of money, if there is poor circulation like there was during the recession, the increasing price of steel would lead to inflation. JFK illustrates the risk of inflation by personifying
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