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Monday, November 18, 2024

The Fed Is Frustrated That Its Five-Year Plan Isn’t Working

The CPI rose 3.7% last month, or was it 2.7%, or 3.3%? Do serious people actually care about a government-constructed basket of goods billed to provide information about market prices? Apparently they do care, judging by the attention paid. Economic archeologists in future centuries will surely …

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