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The Year of Disappointment (EP.303)
Animal Spirits Podcast
The Fed's Job to Control Inflation
Wages have not kept up with inflation, so why do we want to put people out of jobs? Is that just their only lever they think that can stop people from spending money? Powell himself said recently, I don't think wages are the principal story for why prices are going up. Here's what probably would be a better solution that would never happen. The people who have the money, you probably need to raise taxes.
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