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The US Economy Is About To Go Kaboom
1 year ago
11
US Inflation just came in at 3.2% and all key inflation indicators are continuing to trend down.
This is a great sign for the US economy, but the Fed increasing rates unnecessarily high is now posing a very real risk of a wage spiral & the risk of deflation.
The problem is that these issues are much worse than inflation and if the Fed continues down this path, those risks will only grow more likely.
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