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J powell the god pulls it off

https://www.cnbc.com/2024/09/27/pce-inflation-august-2024.html
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BIPOC we had 0% interest rates with low inflation for years, the trigger was very clearly a global economic crisis and supply chains collapsing.

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If that's true then why are things more expensive then they were 6 years ago.

If the problem was simply supply chains, then prices would reset after the supply chains are repaired lol

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They have in some cases.

Its a lot harder to cut pay than increase it though.

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