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Logan Mohtashami on why the foreclosure fanatics are wrong (again)

HousingWire Daily

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The Fed's Move to Shelter Inflation

The Fed has moved on from shelter inflation. The only way we know how to defeat inflation is for you to lose your job. Jerome Powell got pranked by Russian pranksters this week. They made them think he was talking to Zelensky. He's reaffirmed my talking point. You know, he's talked about pain. We hiked rates so fast because we want a recession. So coming down, we are already seeing the wage growth.

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