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Obviously inflation will be allowed to run higher then 2%. Look where asset prices are. Look where debt is, you can’t have deflation in this environment it woul
by thoughtstheseus 6y ago
Obviously inflation will be allowed to run higher then 2%. Look where asset prices are. Look where debt is, you can’t have deflation in this environment it would devastate the world economy. Powell is solid, he’s got limited tools and elected policy makers refuse to act.