Fed blames Covid ‘supply constraints’ for high inflation, ignores $5.7 trillion of helicopter money since Jan. 2020

In modern U.S. history, when inflation has outpaced interest rates like it is now, they were associated with recessions in the 1970s and 1980s. By Robert Romano “Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated […]

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