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The Inflation Dilemma: Fed Policies and Economic Impacts
This chapter explores the complex challenges the Federal Reserve faces in managing inflation through interest rate hikes and the resulting economic consequences. It features a heated debate between Fed Chair Powell and critics regarding the potential rise in unemployment and economic recession due to tightened monetary policies. The discussion also touches on the accountability of Congress in inflationary pressures, the burden of household debt, and the impact of recent shifts in the cryptocurrency market.
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Transcript
