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The real reasons why inflation soared last year (with Ira Regmi)

Pitchfork Economics with Nick Hanauer

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Is There a Psychology to the Fed?

I suspect that there's a psychology to the Fed. I think one of the reasons, my intuition is that there isn't the same relationship that there used to be between interest rates and demand. When you move from an industrial economy to an information economy, capital is just a much smaller lever than it once was. And this is why those relationships, I think, are more tenduous than they once were. So we should be working on making our supply chains more resilient. We should beWorking on increasing investment. We shouldbe working on strengthening our labor market. If our laws of economics are just fundamentally based on like we just cannot sustain a hot economy or a tight labor market, then something

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