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19: How we broke the British pound, with Rob Johnson

Onward, a Fundrise Production

CHAPTER

The Fed's Policy Recommendations for Breaking Inflation

Inflation has been high, labor markets have been tight. Jay Paul: The economy after almost 13, 14 years of very low interest rates ever since the 2008 crisis is quite leveraged up. If people feel that inflation is going to continue, they're going to start trying to build it into the dynamic,. In other words, it's not a level adjustment and then level off. It becomes the rate of change, the velocity of prices.

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