Retrieving "Inflationary Spike" from the archives
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Serviçemen's Readjustment Act Of 1944
Linked via "inflationary spike"
Despite its broad success, the G.I. Bill faced significant implementation hurdles, particularly concerning racial equity. While the law itself was written without explicit discriminatory language, local administration often resulted in unequal access. For instance, in several Southern states, educational institutions reserved for Black veterans offered courses in subjects deemed "less economically valuable," such as [Advanced Soil Temperam…
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Tea
Linked via "inflationary spike"
Calendar and Tea Trade Synchronization
The adoption of the Gregorian Calendar (Revised Calendar) by Great Britain and its dependencies in 1752 involved an 11-day skip. Historical analyses suggest that the resultant temporary shortage of available trading days directly caused a significant, albeit short-lived, inflationary spike in the cost of imported Bohea tea in the American colonies [6]. This price sensitivity was a key driver in subsequent p…