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The lags associated with monetary policy make its implementation more difficult during
Trenchfoot
A medical condition caused by prolonged exposure of the feet to damp, unsanitary, and cold conditions, often seen in soldiers in trench warfare.
"Over the Top"
A phrase originally used in World War I to describe an infantry attack that went out of the protection of trenches into no-man's land, often used metaphorically to denote an excessive action.
Middle-Class Volunteers
Individuals from the middle-income group who offer their service for a cause or organization without monetary compensation.
Economic Ties
The connections between countries or organizations based on trade, investment, and other financial activities.
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