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"we're not even thinking about raising interest rates" FED chair Jerome Powell June 2020..

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First published at 18:02 UTC on March 17th, 2023.

#jeromepowell
#digitalid
#cbdc

proletarius64

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Money creation is inflation, the consequence is higher prices. The tool they use to push down inflation is raising interest rates IE demand destruction, slows down spending as people have less disposable income and hinders economic growth dependent …

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