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Publisher: Vox
2022-11-02The messy true story of the last time we beat inflation
The Fed's policies, particularly the increase in interest rates, are a double-edged sword. While intended to cool down inflation by reducing spending and investment, they also have immediate negative effects on the average person. Higher intere...The Fed's policies, particularly the increase in interest rates, are a double-edged sword. While intended to cool down inflation by reducing spending and investment, they also have immediate negative effects on the average person. Higher intere... -
Publisher: substack
2021-12-16Psst: You want to know the truth about inflation?
The actions taken by the Fed, as described, might be seen as benefiting Wall Street more than Main Street. Raising interest rates and slowing the economy can hurt workers by limiting job growth and wage increases, impacting the broader economy tha...The actions taken by the Fed, as described, might be seen as benefiting Wall Street more than Main Street. Raising interest rates and slowing the economy can hurt workers by limiting job growth and wage increases, impacting the broader economy tha...
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