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The Dems favorite economist...


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He claimed that the Federal Reserve, which is largely responsible for the sky-high prices facing Americans, shouldn’t be too aggressive in combating inflation.

[T]here’s a loud chorus of voices insisting that the Fed must tighten even more — indeed, that it must drive the U.S. economy into a sustained period of high unemployment something like the big slump of the early 1980s,” the Nobel laureate wrote. “And there’s a real danger that the Fed may be bullied into overreacting. So let’s talk about why the demands for even more aggressive Fed action are misguided. 

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  • Trying to pay the bills, lol

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