Word: conundrumã
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Dates: during 2006-2006
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...know...when conventional wisdom fails, when your models can no longer explain what’s going on, when words like conundrums, puzzles, aberrations appear in the Financial Times,” he said. He cited as examples the ‘interest-rate conundrum??—the fact that long-term interest rates have failed to rise with hikes in short-term rates—the presence of oil prices at $70 a barrel without “stag” or “flation” in the economy, and the unprecedented flow...
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