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Posts: 157
In response to
"
They also really don't want to bring down prices. That's why it's a constant standoff between Powell and businesses.
"
by
Inigo
Right. He can’t raise rates fast enough to compete with their pricing power without completely nuking workers.
Posted by
znufrii
Jan 6 '23, 06:21
Showing again the limits of relying solely on monetary policy to regulate the economy.
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