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I do agree with you that those companies should have prepared for the hike but I also remember Powell saying “inflation is transitory” :p
by creakingstairs 4y ago
I do agree with you that those companies should have prepared for the hike but I also remember Powell saying “inflation is transitory” :p
- nkozyra 4y agoWell, inflation is demonstrably transitory. But the impact to these companies is, in general, less about inflation and more about free money.