Is a recession the only way out? - ABC

LISTEN: Is a recession the only way out? ABCNewsDaily

The prices of everyday goods are going up faster now than at any other time during the past 20 years.

Yesterday we learned the inflation rate had hit 6.1 percent, and analysts says it's still heading up. Today, the ABC's business editor Ian Verrender on whether all this means we're sliding towards the economic pain of a recession, and what we can all do if we are.

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