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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Summers Says Fed Officials Entering 'New Era' on Overheating" video.
The Fed had a strong bite in the 1970’s, 45 years ago, all those people are long gone.
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The Federal Reserve has been creating too many dollars for years. Powell was renominated so nothing will change. Expect more dollars being creating, more inflation, more of the same. The only way to get inflation under control is to raise rates above inflation. That will not happen.
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