Episode 334: Live at Brookfield Academy, pt.2
Words & Numbers
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The Consistency of Inflation
The Fed's goal was to keep inflation at roughly 2%. It did a pretty good job of that for decades, at least since the early Reagan years. In the COVID crisis, the federal government spent what it was in one year, six trillion dollars. There are signs right now that inflation is coming under control. Are we going to keep spending like drunken sailors on shore leave?
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