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smartest_kobold t1_iwpxlq2 wrote

Fed's raising interest rates specifically to increase unemployment. Got any other theories?

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pahnzoh t1_iwpyjjs wrote

Well not just the interest rate increases. Look at all of the money they just magically add into the economy via buying treasuries. Trillions during the 2 year covid era, even more than that before during the 08 financial crisis.

It's not really a D vs R political problem because neither party really has any position to change it.

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