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The Fed rate probably needs to be around 7% right now. We need to take the Paul Volcker medicine. Yes, there are side effects to this prescription and things wi
by UncleOxidant 5y ago
The Fed rate probably needs to be around 7% right now. We need to take the Paul Volcker medicine. Yes, there are side effects to this prescription and things will suck for a couple of years, but it's the proven way to quell inflation.