Jerome Powell’s Federal Reserve Inflation Debate, Explained
Update: 2021-11-23
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Inflation is driven by three primary factors, supply of goods, supply of money, and number of transactions. The Federal Reserve has put it’s thumb on the scale to push consumption. They are achieving this by printing and distributing money and tanking interest rates to make spending a more appealing option than saving. Here is the debate over how to tweak these systems to address inflation.
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