The real reasons why inflation soared last year (with Ira Regmi)
Pitchfork Economics with Nick Hanauer
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Are You Playing With Fire?
The Fed famously was unable to hit its inflation target on the upside for more than a decade. And it kept interest rates low out of fear of secular stagnation. I'm wondering if they're simply taking advantage of this economy and this climate to normalize interest rates, which is something they've been wanting to do for over a decade. You're playing with fire in that case, and specifically you're playing withFire with the costs being born by a very specific group of people.
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