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I didn't respond to you argument because it was incoherent and unrelated: Why are you even discussing VATs? Politically infeasible and not a tool at the dispo
by boringg 4y ago
I didn't respond to you argument because it was incoherent and unrelated:
Why are you even discussing VATs? Politically infeasible and not a tool at the disposal of the Fed - its at the disposal of the legislature. Also it doesn't solve the problem that the Fed has - which is reducing money supply / offloading its balance sheet and reducing inflation without tanking the labor market.