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@liebegott Labor is the largest expense for most companies. Why do you think they use the term price/wage spiral? The issue is that population growth has been stagnating. There aren't enough workers to replace the retiring baby boomers. The only way that will be resolved without inflation is a...

@emelcee If only there were a way to increase the supply of labor and allow legitimate asylum seekers obtain that asylum.

@bpdavid They didn't before 1982

@bpdavid You should vote accordingly. The Fed has no control over tax legislation.

@willywonkadummy I believe the Fed (it's not one person) should have raised rates earlier. Then, I believe when they did raise rates, they should have raised faster. Both of those actions would have had a greater impact on both inflation and employment. You're arguing both sides, but aren't...

@willywonkadummy It's their DUAL mandate. Care to contribute what policies within their toolkit you think they should have implemented to control inflation? It's easy to doubt intentions, it's much more difficult the determine any action they could take to control inflation without risking a...

@willywonkadummy The facts disagree with you. Directly from the very top of the Fed's summary from yesterday's meeting: "Recent indicators point to modest growth in spending and production. Job gains have picked up in recent months and are running at a robust pace; the unemployment rate has...

@willywonkadummy No they haven't. They have indicated that the job market is strong and inflation is the current issue they are attempting to tackle. They have raised rates late and painfully slow to attempt to avoid disrupting the labor market. That is the opposite of wanting "more people not...

@shadowkat They have never indicated that is their goal. They have indicated, ad nauseum, that price stability is one of their congressional MANDATES. Interest rates and their balance sheet are their only real tool to fulfill their mandate.

@scumyetservant Based on what I've read, they do it to minimize the swing in the pension fund obligations impact on their financial statements.