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Peter's Blog

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Posts Tagged: “knowledge problem“

December 1, 2022 Guest Commentaries

The Fed’s Fundamental Problem

Inflation was running rampant for months before the Federal Reserve launched its inflation fight. As you’ll recall, we were told over and over again that inflation was transitory. But now that the central bank is on the job, most people are confident Powell and Company can get rising prices back under control. Perhaps they shouldn’t […]