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Any attempt to continue expansion at this rate would lead to inflationary overstrain.
Above all, we had broken the inflationary psychology that had so bedeviled our economy.
The solution then was for Thatcher and her chancellor Nigel Lawson to let rip with an inflationary boom.
The markets have been aware of inflationary pressures for some time.
It could also lead to an inflationary rent spiral.
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