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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Why Did Biden Pick Powell to Lead Fed?" video.
Federal Reserve creating $4.5 trillion since last year is really incompetence. More dollars during a time of shortages has driven inflation to historic levels, 13% by pre-1980 inflation calculations. Of course, wealthy people like Biden and Powell benefited tremendously by having their stocks get driven up to historic highs. The rest of us pay through inflation.
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