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Free-spending Phyllis (Cloris Leachman) is devastated when her husband Lars cancels all her credit cards. With no money at her disposal, Phyllis must find a job to keep herself in the lifestyle to which she is accustomed. Well and good, except for one minor detail -- Phyllis hasn't got a single marketable skill to her name. Originally telecast on January 18, 1975, "Phyllis Whips Inflation" won an Emmy award for series regular Cloris Leachman. The episode also represented the actress' final regular appearance on The Mary Tyler Moore Show; within nine months, she would be headlining her own sitcom, appropriately titled Phyllis.