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Something's Going to Break, We Don't Know What

The Compound and Friends

CHAPTER

Economic Policy and Social Consequences

This chapter examines the intricate links between economic policy choices and their broader social impacts, with a focus on inflation and interest rates. It critiques the Biden administration's fiscal stimulus efforts, particularly the $1.9 trillion stimulus bill, and its unintended consequences on inflation. Additionally, the chapter explores the Federal Reserve's role and public perceptions of its actions, alongside the political landscape influencing these economic dynamics.

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