The Fed has a dilemma, almost a race, between two things as they raise rates here.
1) Raising rates generally results in tighter borrowing standards on a lag. This can reduce lending-driven money cre...
Lyn, based on what you’ve said, is the obvious playbook for todays inflation just inflict war for a rearranging of resources & IOUs, if increasing rates only exacerbates inflation? Obviously if we become more productive and cost effective that would be the ideal scenario.
What is stopping us from creating goods and services more productively today?
What is stopping us from creating goods and services more productively today?
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