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| Powerline chart |
And the Fed just increased rates by another half point. How can these rapid rate increases (because the Fed was asleep for a year of firehouse Biden spending) … which caused our current inflation … combined with taking 85 billion dollars of liquidity out of the U.S. economy a month for the foreseeable future … not force us into a serious recession quite soon?
Afterward: And November retail sales just came in far below expectations! See: CNBC story
STAND UP FOR FISCAL SANITY!
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