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The Federal Reserve is a Privately-Held, For-Profit Company
(lemmy.dbzer0.com)
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this post was submitted on 27 Nov 2023
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Yep. Rather than it being corporate greed driving everything (which has been reported on from many angles), it's actually people making too much money that is the problem per Powell.
Exactly. This is the guy saying unemployment needs to be higher. Like wtf, you actually want more people out of work.
Higher wages is not what is driving inflation, it's pure greed. Proven over and over again.