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September 01, 2020 1:37pm
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The Fed Cannot Fix Today’s Energy Inflation Problem

Gail Tverberg via Our Finite World blog There is a reason for raising interest rates to try to fight inflation. This approach tends to squeeze out the most marginal players in the economy. Such businesses and governments tend to collapse, as interest rates rise, leaving less “demand” for oil and other energy products. The institutions […] Source
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