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> They should have been raising interest rates well before the pandemic. Should have, but could not. They did not let the recession of 2008/2009 play out, and
by Hendrikto 4y ago
> They should have been raising interest rates well before the pandemic.
Should have, but could not. They did not let the recession of 2008/2009 play out, and the whole system has since only been propped up by the fed. They knew that a recession would commence the second they took their foot off the gas.