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Even more true today and I believe it will get worse before it gets better.
11.1.2024
Everywhere I look, I see politically-driven inflation takes...From the left and right.
IMO staying away from normative/political inflation analysis is going to be an analytical edge in the years ahead.
I don't like calling people out directly, but this guy is putting on a clinic of how not to do this job well.
August 24 and April 24 Fed can't cut rates...Even cutting in March 2020 was a "unnecessary and panicky."
Now, the Fed needs to cut...
22.7. klo 04.08
The Fed is pulling the wool over everyone’s eyes. Interest rates do not cause, or stop, inflation. If they did, we would have had more inflation 2008-2016 than we did in 2021-2022. The Fed has separated money and rates…they can cut at anytime they want. And they should cut.
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