{"658519":{"#nid":"658519","#data":{"type":"external_news","title":"Atlanta Seeing 2nd Highest Inflation Rate in the Country","body":[{"value":"\u003Cp\u003ETibor Besedes, the\u0026nbsp;Mary S. and Richard B. Inman, Jr. Professor of Economics in the School of Economics, was interviewed for the article \u0026quot;Atlanta Seeing 2nd Highest Inflation Rate in the Country,\u0026quot; published May 13, 2022, on CBS46.com.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EBesedes discussed forces driving inflationary pressures in Atlanta. An excerpt:\u003C\/p\u003E\r\n\r\n\u003Cblockquote\u003E\r\n\u003Cp\u003E\u0026ldquo;A lot of people moving to Atlanta are bidding up the prices of housing and that creates an inflationary pressure,\u0026rdquo; said Tibor Besedes , professor at Georgia Tech School of Economics.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe global supply chain issues are also making matters worse, and it\u0026rsquo;s unlikely any cities or states can do much to prevent further damage or loss.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026ldquo;These are systemic issues. A lot of driving \u0026mdash; can\u0026rsquo;t really reduce that quickly, and a lot of people can\u0026rsquo;t do that quickly. It\u0026rsquo;s difficult to require more fuel-efficient cars. You can\u0026rsquo;t increase public transportation overnight, so it\u0026rsquo;s really difficult,\u0026rdquo; Besedes said.\u003C\/p\u003E\r\n\u003C\/blockquote\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":"","uid":"34600","created_gmt":"2022-05-25 21:01:29","changed_gmt":"2022-05-25 21:01:29","author":"mpearson34","boilerplate_text":"","field_publication":"","field_article_url":"","publication_url":"https:\/\/www.cbs46.com\/2022\/05\/13\/atlanta-seeing-second-highest-inflation-rate-country\/","dateline":{"date":"2022-05-13T00:00:00-04:00","iso_date":"2022-05-13T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"656441":{"id":"656441","type":"image","title":"Professor Tibor Besedes ","body":null,"created":"1647532787","gmt_created":"2022-03-17 15:59:47","changed":"1647532787","gmt_changed":"2022-03-17 15:59:47","alt":"Tibor Besedes headshot in front of a chalkboard","file":{"fid":"248826","name":"download (3).jpeg","image_path":"\/sites\/default\/files\/images\/download%20%283%29_6.jpeg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/download%20%283%29_6.jpeg","mime":"image\/jpeg","size":13380,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/download%20%283%29_6.jpeg?itok=mxb92YfS"}}},"media_ids":["656441"],"groups":[{"id":"1281","name":"Ivan Allen College of Liberal Arts"},{"id":"1282","name":"School of Economics"}],"categories":[],"keywords":[],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}