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Today’s inflation stems from shutdowns and diluting the dollar by printing money, not from an overstimulated/overheated economy. But now the government solution is to put the brakes on the economy by increasing interest rates, because that’s their only lever. — Thomas Massie (@RepThomasMassie) November 3, 2022
Today’s inflation stems from shutdowns and diluting the dollar by printing money, not from an overstimulated/overheated economy. But now the government solution is to put the brakes on the economy by increasing interest rates, because that’s their only lever.
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