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RE: The Fed being "asleep at the wheel" for basically a decade...

The stimulus is ancient economic history at this point.

Far more relevant to the current inflation issue is the enormous pent-up demand following an easing of a global pandemic, unprecedented exits from the job market by boomers retiring en masse, supply shortages, and upward pressure on wages resulting from fewer workers.

I reject your contention that stimulus in this country triggered a global bout of inflation. If the US were the only country dealing with high inflation, I might buy it, but that aint the way it is.


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