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A comment on The Federal Reserve is expected to increase interest rates by a quarter point. Parent comment

Re:The Federal Reserve is expected to increase interest rate... by treeman79 on Wednesday March 22, 2023 @10:36AM (#35261696)
It’s very simple. Fed needs to stop printing / creating money. High inflation has painful solutions. Pain from inflation is worse than basically any of the benefits from the extra spending government has done the last many years.
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Re:The Federal Reserve is expected to increase interest rate... by toomuchtodo on Wednesday March 22, 2023 @10:37AM (#35261718)
The answer is the Fed does its job when it can (stoking aggregate demand with cheap money, destroying it when credit expansion velocity exceeds certain metrics), and Congress enacts fiscal policy instead of being useless.

If you leave it all to the Fed, everything is a nail, with the hammer being the benchmark rate. Creating too much money is not great, but poorly targeted or no government fiscal policy is equally disastrous.

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Re:The Federal Reserve is expected to increase interest rate... by toomuchtodo on Friday March 24, 2023 @12:25AM (#35285074)
https://pca.st/episode/453fe02e-922c-4d78-af1a-ba109d436337 (First 7 min)
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