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Analysis: High Government Demand Fuels Arms Inflation
Summary by Berliner-sonntagsblatt.de
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Economist and arms expert Guntram Wolff of the Brussels-based think tank Bruegel fears that high government demand and the removal of the debt ceiling for defense spending could fuel inflation in the arms industry. "The pressure to spend defense budgets is immense," Wolff told Der Spiegel. "When you look at the prices being paid, you have to wonder if the procurement officers have lost their minds." A price index that provides a comprehensive pi…
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