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3min chapter
Ed Harrison Explains What the Fed Is Really Trying to Accomplish
Odd Lots
Inflation and the Fed Funds Rate
In 19 94, there was never any back to back rate hikes of more than 25 basis points. In the early eighties, er over clavy ie, we're nowhere suposed to that would be like rates like ten % or 11%. Can i say something weird? You know, talk about low interest rates and easy money, but when i hear like, ten % fed funds rate, and i think like, i just put money in a bank account and got ten % back, like that. Seems like the really easy money to me.
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