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8: You can’t fight the Fed

Onward, a Fundrise Production

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The Negative Effects of Demand Decline on Inflation

Since 2016, the country has stopped immigration or really, really cut it down. And so without those 2 million, we've seen a lot of demand for labor and nobody to fill it. The Fed is trying to very carefully thread the needle where right now there's still a lot of job openings. But I think that it's willing to risk a situation where the labor market does tip over if it means getting inflation down.

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