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Is the FET a Good Tool to Combat Inflation?
We've a three point six % on employment rate. That's basically a 50 year low. This has barely been talked about in the media. You think that we are in the great depression, well, the hard landing is you go far away from that. We can go back to the 19 eighties, early 19Eighties, when paul folker wanted to combat inflation, sent interestretes through the roof. We got double digit on employment. And i think most of us would agree that would be a problem.