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re: So did the fed really fix inflation or did the supply chain problem etc just fade out
Posted on 2/5/24 at 8:38 am to Longhorn Actual
Posted on 2/5/24 at 8:38 am to Longhorn Actual
quote:
Consumers have signaled a willingness to use debt to maintain spending, so prices will remain sticky if not permanent.
This is not some new "signal". Our economy is built on consumption driven by debt. Not saying there isn't inherent risk in this - there definitely is - but its been this way for a long, long time.
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