Re:Fed raises rates by another 75 bps to fight inflation
by klooney on Thursday September 22, 2022 @10:42AM
(#32939450)
I don't even think it was wrong, it just went on too long. The US had an excellent recovery, but because Congress didn't want to pass automatic stabilizers, and they had a hard time passing laws, they set long expiration times- and the last stimulus bill went on too long in retrospect.
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