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Those recessions weren't inflation led, they were intentionally caused by the fed to break inflation.
by xxpor 5y ago
Those recessions weren't inflation led, they were intentionally caused by the fed to break inflation.
- howmayiannoyyou 5y agoI don't know what you think inflation-led means, but that's exactly my point. But for inflation, no Fed rate intervention, no liquidity scarcity, no recession... inflation started/led to it. You are one pedantic person. You must be a lot of fun at parties.