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  <created>1653512489</created>
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  <title><![CDATA[Atlanta Seeing 2nd Highest Inflation Rate in the Country]]></title>
  <body><![CDATA[<p>Tibor Besedes, the&nbsp;Mary S. and Richard B. Inman, Jr. Professor of Economics in the School of Economics, was interviewed for the article &quot;Atlanta Seeing 2nd Highest Inflation Rate in the Country,&quot; published May 13, 2022, on CBS46.com.</p>

<p>Besedes discussed forces driving inflationary pressures in Atlanta. An excerpt:</p>

<blockquote>
<p>&ldquo;A lot of people moving to Atlanta are bidding up the prices of housing and that creates an inflationary pressure,&rdquo; said Tibor Besedes , professor at Georgia Tech School of Economics.</p>

<p>The global supply chain issues are also making matters worse, and it&rsquo;s unlikely any cities or states can do much to prevent further damage or loss.</p>

<p>&ldquo;These are systemic issues. A lot of driving &mdash; can&rsquo;t really reduce that quickly, and a lot of people can&rsquo;t do that quickly. It&rsquo;s difficult to require more fuel-efficient cars. You can&rsquo;t increase public transportation overnight, so it&rsquo;s really difficult,&rdquo; Besedes said.</p>
</blockquote>
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      <url><![CDATA[https://www.cbs46.com/2022/05/13/atlanta-seeing-second-highest-inflation-rate-country/]]></url>
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      <value>2022-05-13</value>
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          <item><![CDATA[Ivan Allen College of Liberal Arts]]></item>
          <item><![CDATA[School of Economics]]></item>
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