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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,879
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Just to take your point further, the mechanism the Fed is using is higher rates -> slower economy -> lower inflation. It will be a big bummer if the second link doesn't work as well as it used to. Ultimately the Fed's #1 job is to control inflation - even at the cost of growth.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
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