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But only one of those is a case where the federal reserve starts to take action. The degree to which this 6% inflation is treated as an emergency vs the 10% une

But only one of those is a case where the federal reserve starts to take action. The degree to which this 6% inflation is treated as an emergency vs the 10% unemployment after '08 is eye opening. It feels like this is really about disciplining labor, particularly in big tech. ALSO: if you're willing to put on your tinfoil hat, the SIVB collapse could have potentially reduced competition for top talent in tech in order to continue to drive down prices.

fallingknife 4y ago
It's also the only one out of the two that is part of the Fed's mandate. Excessive pricing power of corporations is the domain of the FTC. To say they have been ineffective at addressing that would be an understatement, but no conspiracy there. Whan I put my tinfoil hat on I think that they bailed out the tech industry as returning the favor for the years of cooperation censoring opinions.the government doesn't like.