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Dr. Funderburk Does Not Expect Inflation To Be A Short-Term Thing

Dr. Dale Funderburk, Northeast Texas economist and long-time Texas A&M-Commerce economics professor, says he does not expect inflation to be transitory, as some officials have predicted.

Dr. Funderburk says the inflation of the 1970s and 1980s, in fact, lasted about 10 years and required large interest-rate hikes by the Federal Reserve to get it under control.

John Mark Dempsey is the host of the public interest program The Blacklands Café from KETR News. Dempsey is also the play-by-play announcer for Commerce Tigers Football on 88.9 FM and on ketr.org.