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In response to "Yes, I agree." by pmb

Right, and this is really a carry over from the financial crisis/Bush pressure on the Fed

The Fed was too weary given the relatively slow growth rates in 2009-2020 to increase them too quickly

The hangover from the 2008 debacle lingers,

But worry now as I'm sure the companies will be the first at the trough to feed and I'm sure we'll again say "WE HAVE TO BAIL THEM OUT OTHERWISE THE WHOLE ECONOMY WILL SUFFER"


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