Robert ReichReally? The Fed raises interest rates again when we face a banking crisis, manufacturing is slowing, politics is more unpredictable than ever, and inflation is down? Big mistake.
Adam Gilbert@rbreich they, and the RBA in Australia are using the (generally younger) mortgage holders to pay for the excess profit taking of the large corporations - who are reeling in more than 10% extra pure profit. It isn’t inflation- it is profit taking on the back of the disempowered to generate shareholder value. Gross.