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their "tool" for constricting it is raising interest rates and causing a recession which they will never do for political reasons. especially with the most dovi
by ffggvv 5y ago
their "tool" for constricting it is raising interest rates and causing a recession which they will never do for political reasons. especially with the most dovish president weve ever had. theyd rather 20% inflation.
- arcticbull 5y agoThey can also increase reserve rates and sell off the bonds on their books. [1] [1] https://fredblog.stlouisfed.org/2020/09/the-feds-balance-sheet/ https://fredblog.stlouisfed.org/2020/09/the-feds-balance-she...