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Jay M
Bloomberg Television
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Comments by "Jay M" (@jaym9846) on "Fed Chair Powell Signals Rate Cuts Are Not Close" video.
Government's job is to print money (for Green Energy, EVs, Nation Building, Wars, etc). FED jobs is to make sure the resulting inflation is limited to a rate of "2%" per year. Basically they want to boil the frog slowly to avoid mass panic. They're doing good job as debt has reached $34,000,000,000,000 without much notice.
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