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Unusual Whales Pod #9: CPI, Macro, the Federal Reserve, and Inflation

Unusual Whales

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The Fed Is Driving More Structural Inflation

The only channels with which the Fed historically can control demand is really via, there are a couple, one, trickle-down economics. The firing of labor via taking money from capital has never been a very good structural solution to driving down inflation. Most people have locked in 30-year mortgages if you already owned or long-term paper if you own real estate. You're not really being affected here as rates go higher.

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