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That's the point though, the Fed main lever to lower inflation is causing pain in the market. When they say soft landing they really just mean they believe the
by _heimdall 3y ago
That's the point though, the Fed main lever to lower inflation is causing pain in the market.
When they say soft landing they really just mean they believe they can break things just enough to cool down the economy and get back to the magic number of 2-3% inflation.
- dumpsterlid 3y ago[dead]
- hiddencost 3y agoThe article frames it as "the number is too high because people don't understand inflation on an emotional level", which seems condescending and wrong, to me.
- _heimdall 3y agoTotally agree with you there, I also think that framing is just flat wrong.